Tag: Iron ore E-auction Karnataka

Karnataka iron ore prices have been declined starting FY16. Alongside, NMDC’s lump (Fe 62%) prices have drastically fallen by 50% and fines (Fe 60%) have fallen by 36% starting FY16 (Apr-15-Jan’16). In-line, private miners have also reduced iron ore lump (Fe 62%) prices by 31% and fines (Fe 60%) by 49% in the same time…