India: Bids rise by INR 100/t in NMDC Nagarnar’s pig iron auction

NMDC’s Nagarnar Steel Plant auctioned 8,000 t of steel-grade pig iron on 24 Apr’26, with the entire quantity booked at the base price of INR 38,100/t. Bids increased slightly by INR 100/t from the 15 Apr’26 auction, where the full volume of 7,000 t was sold at INR 38,000/t, indicating stable demand and steady participation from buyers.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *