Author: Nidhi Awasthi

Buyers resist higher offers amid weak steel demand Market awaits further price clarity from NMDC auction Iron ore prices in Karnataka on 23 April reflected mixed market conditions. Low-grade fines (Fe 57%) remained stable at INR 2,550/t ($27/t) ex-mines w-o-w, with this stability primarily driven by subdued trading activity rather than robust demand. In contrast,…