Author: Nidhi Awasthi

India: Low grade iron ore prices in Karnataka drop by INR 200/t ($2/t) w-o-w amid weak downstream demand

Dec 18, 2025

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by

Nidhi Awasthi

in Fines/Lumps

Auction participation weak as buyers remain price-sensitive Sponge iron segment continues to operate under stress Domestic iron ore prices in Karnataka’s Bellary region declined sharply w-o-w, weighed down by sluggish market activity and weak buying interest. BigMint’s weekly index for low-grade iron ore fines (Fe 57%) fell by INR 200/t ($2/t) to INR 2,800/t ($31/t)…