NMDC Limited’s Nagarnar Steel Plant auctioned 12,000 t of steel-grade pig iron on 27 Feb’26, with 7,000 t booked at an average price of INR 36,000/t, leaving 5,000 t unsold. Prices fell by INR 500/t from 20 Feb’26, when 4,600 t were sold at INR 36,500/t, reflecting selective buying interest and subdued market sentiment.
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