Author: Harshit Tiwari
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India: Buyers book 30,000 t of pig iron in NMDC’s recent auction
NMDC’s steel plant in Nagarnar, Chhattisgarh, conducted a steel-grade pig iron auction for a total of 30,000 t on 30 Jan’24. The entire quantity was booked at an average price of INR 35,750/t, exw, which is down by around INR 400/t from the last auction held on 17 January’24. Market participants noted an active response…