Author: Nidhi Awasthi
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India: Low-grade iron ore prices in Karnataka hold firm w-o-w
Material quality factor in auction bids Supply tightness persists in region BigMint’s weekly assessment indicates a firm undertone in Karnataka’s iron ore market, with prices largely holding steady amid supply constraints and cautious buying. Low-grade fines (Fe 57%) remained stable at INR 2,700/t ($30/t) ex-mines, while Fe 62% grade fines inched down marginally by INR…