Category: Pig Iron

NMDC’s Nagarnar Steel Plant auctioned 10,000 t of steel-grade pig iron on 15 May’26, with the entire volume booked at an average price of INR 37,250/t. Bid prices declined by INR 750/t compared to the 12 May’26 auction, where 200 t was sold at INR 38,000/t. Despite the correction, full bookings indicate healthy demand sentiment…