Tag: Karnataka iron ore price

India: Low-grade iron ore prices in Karnataka regain support as trades gain momentum

May 29, 2025

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by

Vaibhav Dubey

in Fines/Lumps

Trades pick up amid pre-monsoon restocking NMDC iron ore auctions receive active response Karnataka’s domestic low-grade iron ore fines (Fe 57%) prices increased significantly this week in Bellary. BigMint’s weekly index for low-grade fines stood at INR 3,100/tonne (t) ($36/t) ex-mines Bellary (excluding taxes), an increase of INR 350/t ($4/t) w-o-w. Meanwhile, the Fe 62%…