Author: Nidhi Awasthi
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India: Karnataka iron ore e-auction volumes drop 15% in Nov amid weak downstream demand
Buyers adopt cautious procurement stance NMDC maintains dominant market share Iron ore e-auction sales in Karnataka declined sharply by 15% m-o-m to 1.01 million tonnes (mnt) in November 2025, compared with 1.19 mnt in October, as per data maintained with BigMint. The downturn was largely driven by persistent weakness in the sponge iron and finished…