NMDC-Nagarnar Steel Plant held an auction on 2 Jan’26 for 7,000 t of steel-grade pig iron, with the entire quantity booked at an average price of INR 36,000/t exw. Bids increased by INR 4,600/t compared with the previous auction on 18 Dec’25, in which 9,000 t were booked out of 10,000 t at INR 31,400/t exw.

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