Tag: Karnataka low-grade iron ore price
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Karnataka: Low-grade iron ore prices fall to one-year low, market awaits auction outcomes for clarity
Miners under pressure amid sluggish trades Exports, sponge, pellet market weigh on offers Buyers expecting further price reductions Domestic low-grade iron ore fines (Fe 57%) prices witnessed a significant fall this week in Karnataka’s Bellary. BigMint’s weekly index for low-grade iron ore fines (Fe 57%) stood at INR 2,700 tonne (t) ($32/t) ex-mines Bellary (excluding…