 "iron ore, mining,")
The prices of iron ore rose by Rs 600-700 a tonne in the rest of India, but in Karnataka the prices have dropped by 15 per cent. Supply chain disruption in Brazil led to a 30 per cent increase in the global iron ore price. As far as Karnataka is concerned, miners have alleged a price drop due to a poor offtake from JSW Steel and cap on exports.
JSW Steel, however, denied the allegation and said differential pricing and poor quality were the main reasons for a price drop in the state.
According to a CRISIL report,
JSW Steel, however, denied the allegation and said differential pricing and poor quality were the main reasons for a price drop in the state.
According to a CRISIL report,
