Tag: Karnataka low-grade iron ore
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India: Low-grade iron ore index stable w-o-w; trades subdued
Absence of active low-grade offers Weak sponge and export market weigh on prices Upcoming monsoon to put pressure Domestic low-grade iron ore fines (Fe 57%) prices remained unchanged this week in Karnataka’s Bellary. BigMint’s weekly index for low-grade iron ore fines (Fe 57%) stood at INR 3,500/t ($42/t) ex-mines Bellary (excluding taxes), stable w-o-w. No…