Tag: Karnataka low-grade fines

India: Karnataka’s low-grade iron ore prices fall post-NMDC price reduction

Jul 3, 2025

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by

Nidhi Awasthi

in Fines/Lumps

NMDC’s iron ore auction sees decent response Private miners’ offers remain unchanged Domestic low-grade iron ore fines (Fe 57%) prices dropped w-o-w in Karnataka’s Bellary. BigMint’s weekly index for the same stood at INR 2,800/tonne (t) ($33/t) ex-mines Bellary, excluding taxes, down by INR 250/t ($3/t) w-o-w. Similarly, the Fe 62% fines index dipped by…