India: NMDC witnesses lower bids in crude coal tar auction

On 8 Jul’25, NMDC Steel Plant, Nagarnar auctioned 2,000 t of crude coal tar which was sold at a weighted average price of INR 36,700/t ex-works. This included 1,000 t rescheduled from the 5 Jul auction and combined with the 8 Jul auction. Result represents an INR 300/t decrease compared to the auction on 1 Jul, where the weighted average price stood at INR 37,000/t ex-works.


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