On 28 Nov’24, NMDC’s Nagarnar steel plant conducted an auction for 32,000 t of steel-grade pig iron at a base price of INR 31,000/t. However, only 4,000 t were booked at an average price of INR 31,000/t. In the previous auction, on 25 Nov’24, 16,000 t were booked at an average price of INR 31,500/t.
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