Author: Nidhi Awasthi
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India: Karnataka iron ore prices remain steady w-o-w amid tight high-grade supply
Improved sponge iron prices support market sentiment Healthy response in NMDC’s auctions lifts seller confidence Karnataka’s iron ore market remained firm during the week ended 23 July, supported by higher sponge iron and finished steel prices, even as trading activity remained selective. The improvement in downstream steel prices, coupled with rising coal-based sponge iron prices,…