Author: Nidhi Awasthi

Karnataka: Low-grade iron ore prices remain stable on weaker market sentiments

Jul 11, 2024

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by

Nidhi Awasthi

in Fines/Lumps

NMDC reduces base price by around INR 400/t in auctions Weak export market sentiments weigh on bids Domestic low-grade iron ore fines (Fe 57%) prices remained unchanged in Karnataka’s Bellary. BigMint’s weekly index for low-grade iron ore fines (Fe 57%) stood at INR 3,250/t ($39/t) ex-mines Bellary (excluding taxes), remaining stable w-o-w. Limited trades were…