India: Prices edge up in NMDC Nagarnar’s pig iron auction

NMDC-Nagarnar Steel Plant held an auction on 18 Dec’25 for 10,000 t of steel-grade pig iron, of which 9,000 t were booked at an average price of INR 31,400/t exw. Bids increased marginally by INR 200/t compared with the previous auction on 9 Dec, in which 7,000 t were fully sold at INR 31,200/t exw.


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