Author: Nidhi Awasthi

Tight supply restricts market activity NMDC reduces its base prices of lumps Domestic low-grade iron ore fines (Fe 57%) prices in Karnataka’s Bellary region remained flat this week also, with BigMint’s weekly index assessed at INR 3,150/tonne (t) ($36/t) ex-mines (excluding taxes), stable w-o-w. Similarly, the Fe 62% fines index stood at INR 5,250/t ($59/t) ex-mines…