Tag: Karnataka low-grade iron ore price

India: Iron ore prices in Karnataka remain supported on supply concerns, growing imports

May 22, 2025

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by

Vaibhav Dubey

in Fines/Lumps

Miners prefer direct sales over e-auctions High grades seeing quality degradation Domestic low-grade iron ore fines (Fe 57%) prices remained unchanged w-o-w 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) ($31/t) ex-mines Bellary (excluding taxes). Similarly, the Fe 62% fines index was also assessed…