Rourkela: Prices expected to sustain at 21,500/t. Production will further cut during monsoons.
Raigarh: Local buying has been suspended as induction furnaces are shut due to power cut.
Raipur: Low production and high input cost should keep prices stable..
Bellary: Sponge prices unlikely to sustain as demand likely to slow down during monsoons.
Market sources say supply of iron ore will improve in Karnataka in coming months.
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