Author: Nidhi Awasthi

Miners optimistic as high-grade ore premiums strengthen Auction slowdown tightens supply of quality iron ore Low-grade iron ore prices in Karnataka remained largely stable in the week ended 4 June, reflecting subdued demand fundamentals across the downstream steel value chain. While Fe 57% fines continued to hover around INR 2,750/t ex-mines, benchmark Fe 62% fines…