NMDC’s steel plant in Nagarnar, Chhattisgarh, auctioned 10,000 t of steel-grade pig iron on 1 Jul’25, with 7,500 t booked at an average price of INR 31,100/t (by road). However, management approval is still pending. Notably, bids dropped by INR 400/t from the previous approved auction, held on 10 Jun’25 for 15,000 t, where 5,200 t were booked at an average price of INR 31,500/t (by road).
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