Author: Harshit Tiwari
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India: NMDC Nagarnar’s latest pig iron auction sees lower volume booked
NMDC’s steel plant in Nagarnar, Chhattisgarh, conducted an auction for 30,000 t of steel-grade pig iron on 7 Nov’24. Out of 30,000 t, 15,000 t were booked at an average price of INR 34,000/t. However, management approval is still pending. The volume booked at the latest auction is much lower than that sold at the…