Tag: Low grade

India: Low-grade iron ore prices stable in Karnataka; all eyes on NMDC auction

Sep 12, 2024

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by

Vaibhav Dubey

in Fines/Lumps

Supply concerns amid monsoon support offers Market awaiting NMDC’s auction results Price drop expected amid weak finished market Domestic low-grade iron ore fines (Fe 57%) prices continued to remain under pressure this week in Karnataka’s Bellary. BigMint’s weekly index for low-grade iron ore fines (Fe 57%) stood at INR 2,650 tonne/t ($32/t) ex-mines Bellary (excluding…