Category: Pig Iron
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India: NMDC’s Nagarnar pig iron auction receives strong buyer interest despite seasonal market slowdown
Tight domestic availability on higher exports supports prices Latest auction witnesses increase in prices, offered volumes NMDC’s Nagarnar Steel Plant auctioned 7,000 t of steel-grade pig iron on 9 July 2026, with the entire quantity sold at an average price of INR 36,500/t ex-works. The successful sale at a higher price reflected improved buyer participation…