{"id":60586,"date":"2026-03-14T10:24:11","date_gmt":"2026-03-14T04:24:11","guid":{"rendered":"https:\/\/biztrend24.com\/?p=60586"},"modified":"2026-03-14T10:24:11","modified_gmt":"2026-03-14T04:24:11","slug":"india-bids-edge-down-in-latest-nmdc-nagarnar-pig-iron-auction","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=60586&lang=en","title":{"rendered":"India: Bids edge down in latest NMDC Nagarnar pig iron auction"},"content":{"rendered":"<p>NMDC Limiteds Nagarnar Steel Plant auctioned 15,000 t of steel-grade pig iron on 13 Mar&#8217;26, with 5,000 t of the offered volume booked at an average INR 36,000\/t. Prices decreased by INR 150\/t from the 6 Mar auction, in which the entire volume was sold at INR 36,150\/t. The results indicate cautious buying interest amid slightly softer market sentiment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NMDC Limiteds Nagarnar Steel Plant auctioned 15,000 t of steel-grade pig iron on 13 Mar&#8217;26,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":60587,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-60586","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=1280%2C720&ssl=1?v=1773462237",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?resize=150%2C150&ssl=1?v=1773462237",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=300%2C169&ssl=1?v=1773462237",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=640%2C360&ssl=1?v=1773462237",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=640%2C360&ssl=1?v=1773462237",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=1280%2C720&ssl=1?v=1773462237",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=1280%2C720&ssl=1?v=1773462237",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?resize=1115%2C715&ssl=1?v=1773462237",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?resize=800%2C500&ssl=1?v=1773462237",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=1024%2C576&ssl=1?v=1773462237",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?resize=540%2C340&ssl=1?v=1773462237",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?resize=400%2C250&ssl=1?v=1773462237",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102346.692.jpg?fit=1280%2C720&ssl=1?v=1773462237","jetpack-related-posts":[{"id":59718,"url":"https:\/\/biztrend24.com\/?p=59718&lang=en","url_meta":{"origin":60586,"position":0},"title":"India: Entire volume booked in NMDC&#8217;s pig iron auction; bids rise INR 150\/t","author":"Biz Trend 24","date":"March 7, 2026","format":false,"excerpt":"NMDC Limiteds Nagarnar Steel Plant auctioned 15,000 t of steel-grade pig iron on 6 Mar'26, with the entire volume booked at an average INR 36,150\/t. Prices increased by INR 150\/t from the 27 Feb auction, when only 7,000 t of the 12,000 t offered were sold at INR 36,000\/t. The\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130210.360.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130210.360.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130210.360.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130210.360.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-07T130210.360.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54501,"url":"https:\/\/biztrend24.com\/?p=54501&lang=en","url_meta":{"origin":60586,"position":1},"title":"India: Bids increase by INR 250\/t in NMDC&#8217;s latest pig iron auction","author":"Biz Trend 24","date":"January 19, 2026","format":false,"excerpt":"NMDC Nagarnar Steel Plant held an auction on 17 Jan'26 for 5,000 t of steel-grade pig iron, with the entire quantity booked at an average price of INR 36,200-36,300\/t exw. Bids increased by around INR 250\/t compared with the previous auction on 2 Jan'26, in which 7,000 t were booked\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-19T131306.801.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54233,"url":"https:\/\/biztrend24.com\/?p=54233&lang=en","url_meta":{"origin":60586,"position":2},"title":"India: Bids increase by INR 250\/t in NMDC&#8217;s latest pig iron auction","author":"Biz Trend 24","date":"January 18, 2026","format":false,"excerpt":"NMDC Nagarnar Steel Plant held an auction on 17 Jan'26 for 5,000 t of steel-grade pig iron, with the entire quantity booked at an average price of INR 36,200-36,300\/t exw. Bids increased by around INR 250\/t compared with the previous auction on 2 Jan'26, in which 7,000 t were booked\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-18T112934.254.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":61041,"url":"https:\/\/biztrend24.com\/?p=61041&lang=en","url_meta":{"origin":60586,"position":3},"title":"India: SAIL and NMDC to auction 5000 t of crude coal tar in Mar&#8217;26","author":"Biz Trend 24","date":"March 16, 2026","format":false,"excerpt":"SAIL and NMDC will auction 5000 t of crude coal tar in Mar'26: NMDC Nagarnar, is set to auction 3,000 t on 17 Mar'26. 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