Author: Nidhi Awasthi
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Karnataka: Iron ore index inches down, market awaits NMDC’s price revision
Absence of trade activities puts pressure on domestic prices Pellet prices in Bellary fall by INR 100/t Domestic low-grade iron ore fines (Fe 57%) prices edged down w-o-w by INR 50/t ($1/t) 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). Domestic…