Author: Nidhi Awasthi
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India: Low grade iron ore prices in Karnataka remain largely stable w-o-w amid positive market sentiments
Limited spot availability strengthens C-DRI offers Monsoon disruptions tighten spot availability Iron ore prices in Karnataka remained firm this week, supported by resilient sponge iron demand and stronger coal market sentiment. Active sponge iron procurement and supportive finished steel prices helped sustain buying interest, although monsoon-related dispatch disruptions and limited availability of premium-grade ore constrained…