Tag: Iron ore E-auction Karnataka
-
Karnataka Iron Ore Prices Fall Further in Sept’15
In H1 FY16, Karnataka iron ore e-auctions prices have been declining. Base prices of NMDC as well private miners offered in Karnataka e-auctions have witnessed downtrend since Apr’15. NMDC’s lump (Fe 62%) prices have fallen by 18% and fines (Fe 60%) by 40% in H1 of FY16. In-line, private miners have also reduced iron ore…