Tag: Pig iron auction

NMDC’s steel plant in Nagarnar, Chhattisgarh, conducted a steel-grade pig iron auction for 2,000 t on 22 May’25. The entire quantity received bids at an average of INR 32,600/t against a base price of INR 32,000/t. However, management approval is still pending. In the previous approved auction, held on 14 May’25, out of 10,000 t,…