NMDC’s steel plant in Nagarnar, Chhattisgarh, conducted a steel-grade pig iron auction for 12,000 t on 17 Nov’25, of which the entire quantity were booked at an average price of INR 30,000/t (by rake). However, management approval is still pending. In the previous approved auction, held on 16 Sept’25 for 32,000 t, 12,000 t quantity was booked at an average price of INR 30,400/t (by rake).
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