Author: Nidhi Awasthi
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India: Karnataka low-grade iron ore prices remains subdued; high-grade ore gains on limited availability
High-grade ore prices rise amid supply constraints Quality concerns and dispatch delays keep buyers selective Iron ore prices in Karnataka remained largely unchanged during the week, with divergent price trends across grades reflecting contrasting supply-demand fundamentals. Weak demand from sponge iron producers and downstream steelmakers continued to weigh on procurement of lower-grade ore, while limited…