Author: Nidhi Awasthi
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India: Low-grade iron ore fines prices in Karnataka edge down on soft demand
Fiscal year transition slows market activity Rising coal costs push sponge iron prices higher Karnataka’s iron ore market exhibited a mild downward bias, particularly in the lower-grade segment, on persistently weak demand. Auctions for low-grade material continued to witness poor participation, with several lots failing to attract bids, reflecting subdued buyer interest and cautious market…