Author: Nidhi Awasthi

India: Low grade iron ore prices in Karnataka inch down w-o-w despite hike in sponge iron prices

Dec 24, 2025

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by

Nidhi Awasthi

in Fines/Lumps

Seasonal demand pickup fails to materialise Sluggish buying weighs on market sentiment Domestic low-grade iron ore fines (Fe 57%) prices in Karnataka’s Bellary region dropped by INR 100/t ($1/t), with BigMint’s weekly index at INR 2,700/t ($30/t) ex-mines, excluding taxes, as of 24 December, compared to the previous assessment on 18 December. In contrast, prices…