India: Bids edge up in NMDC Nagarnar's latest pig iron auction
NMDC's steel plant in Nagarnar, Chhattisgarh, auctioned 5,000 t of steel-grade pig iron on 28 Nov'25, with the entire quantity booked at an average price of INR 31,100/t (by road). However, management approval is still pending. Bids improved by INR 250/t compared to the previous auction on 07 Nov, which saw an average price of INR 30,850/t (by road).