NMDC's 15,000 t pig iron auction receives bids at base price
NMDC's steel plant in Nagarnar, Chhattisgarh, conducted a steel-grade pig iron auction for 15,000 t on 28 Aug'24. The entire quantity received bids at an average price of INR 35,000/t. However, management approval is still pending. In the previous approved auction, held on 20 Aug'24, out of 35,000 t, the entire quantity was booked at an average price of INR 35,100/t.