India: Karnataka iron ore prices hit over 8-month high

Source: BigMint Aug 31, 2026 10:00

Higher-grade ore continues to see stronger buyer preference. Higher coal costs strengthen overall raw material cost sentiment

Iron ore prices in Karnataka increased during the week ended 27 August, with prices hitting an over eight-month high supported by improving sentiments across the sponge iron and downstream steel segments. Firmness in coal prices has further strengthened the overall raw material cost structure, keeping sellers relatively firm on

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