Tag: Karnataka iron ore price
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India: Karnataka iron ore offers stable w-o-w as NMDC rolls over auction prices
Market awaits upcoming auction results Supply crunch in both high, low grade ore Domestic low-grade iron ore fines (Fe 57%) prices remained flat this week in Karnataka’s Bellary region. BigMint’s weekly index for the same (Fe 57%) stood unchanged w-o-w at INR 2,700/tonne (t) ($32/t) ex-mines Bellary (excluding taxes). Similarly, the Fe62% fines index was…