Tag: Karnataka low-grade iron ore price

Karnataka: Iron ore prices inch up w-o-w as market awaits NMDC auction outcome

Oct 24, 2024

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by

Vaibhav Dubey

in Fines/Lumps

Miners expect further price hikes Muted CDRI market raises concern India’s domestic low-grade iron ore fines (Fe 57%) prices remained supported in Bellary, Karnataka, with BigMint’s weekly index for the same experiencing a marginal hike of INR 50/tonne (t) ($1/t) w-o-w to INR 2,900/t ($34/t) ex-mines (excluding taxes). Similarly, the Fe 62% fines index also…