Tag: NMDC AUCTION

India: NMDC’s pig iron auction sees muted response, buyer interest falls short of expectations

Dec 20, 2024

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by

Vinay Tiwari

in Pig Iron

NMDC’s 24,000-t pig iron auction on 19 Dec’24 saw a lukewarm response, with buyer interest falling short of expectations. Only one lot of 4,000 t received bids at INR 30,000/t, with management approval still pending. In the previous auction, on 16 Dec’24, only 3,000 t of 15,000 t were booked at an average price of…