NMDC’s steel plant in Nagarnar, Chhattisgarh, conducted a steel-grade pig iron auction for a total of 60,000 t on 6 Mar’24. The whole quantity was booked at an average price of INR 35,300/t. Although, management approval is still pending. In the previous approved auction, held on 14 Feb, the entire quantity of pig iron had been booked at an average price of INR 34,900/t.
