Author: Nidhi Awasthi
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Karnataka: Low-grade iron ore prices remain stable amid subdued trade
Sponge, finished steel markets remain sluggish NMDC’s Kumaraswamy auction fetches premium bids Domestic low-grade iron ore fines (Fe 57%) prices remained stable in Bellary, Karnataka. BigMint’s weekly index for low-grade iron ore fines (Fe 57%) held steady at INR 2,650/tonne ($32/t) ex-mines Bellary (excluding taxes), showing no change this week. A lack of active trades…