Tag: Karnataka low grade iron ore price rise

India: Low-grade iron ore fines prices in Karnataka edge up on improved steel demand

Jul 10, 2025

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by

Nidhi Awasthi

in Fines/Lumps

Sponge iron prices increase by INR 550/t w-o-w NMDC’s iron ore auctions see healthy response Karnataka’s low-grade iron ore fines (Fe 57%) prices inched up this week, supported by strong participation in recent auctions, a recovery in sponge iron tags, and improved steel demand. BigMint’s weekly index for the same stood at INR 2,900/tonne (t)…