Category: Pig Iron
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India: NMDC’s pig iron auction price hits over 2-year high amid costlier met coke, tight supply
Full 7,000 t booking signals strong buyer participation Export bookings, maintenance downtime tighten supply NMDC’s latest pig iron auction held on 11 September 2026 witnessed strong bidding, with the entire 7,000 t offered quantity booked at an average INR 40,100/t ex-works. The auction opened at INR 39,500/t, while bids were concluded in the range of…