Tag: Low grade

India: Low-grade iron ore prices stay supported w-o-w amid supply concerns

Aug 29, 2024

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by

Vaibhav Dubey

in Fines/Lumps

Low-grade export market sees recovery NMDC Donimalai auction sees active response Domestic low-grade iron ore fines (Fe 57%) prices remained stable in Karnataka’s Bellary. BigMint’s weekly index for low-grade iron ore fines (Fe 57%) stood unchanged w-o-w at INR 2,650/tonne (t) ($32/t) ex-mines Bellary(excluding taxes). The Donimalai auction of the National Mineral Development Corporation (NMDC)…