March 3, 2026

India: Bids remain stable in NMDC’s latest pig iron auction

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NMDCs Nagarnar Steel Plant auctioned 12,000 t of steel-grade pig iron on 13 Feb’26, with the entire volume booked at a base price of INR 36,500/t exw. Bids were unchanged from the 6 Feb auction, when 10,000 t was sold at the same price.

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