NMDC Limited’s Nagarnar Steel Plant auctioned 9,600 t of steel-grade pig iron on 26 Mar’26, with 7,200 t booked at a base price of INR 35,600/t. Prices decreased by INR 200/t from the 25 Mar’26 auction, when only 400 t out of 10,000 t were sold at INR 35,800/t. The results indicate improved buying interest at lower prices, though overall market sentiment remains cautious.
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