Category: Pig Iron
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India: NMDC pig iron auction realisation rises as exports tighten domestic availability
Better export realisations lead to tight domestic availability Higher coking coal and coke costs strengthen cost support The latest pig iron auction from NMDC Nagarnar on 22 August saw the entire 10,000 tonnes (t) offered booked at an average INR 37,850/t ex-works Nagarnar, up INR 500/t from the previous auction on 30 July. The earlier…