India: Domestic coal prices show mixed trends w-o-w; steel sector demand shows recovery

Domestic coal prices showed mixed movements w-o-w. BigMint assessed 5000 GCV at INR 5,250/t exw-Bilaspur, rising by INR 250/t w-o-w, while 4500 GCV remained stable at INR 4,500/t. The uptrend in 5000 GCV was supported by supply disruptions caused by monsoon-affected mining operations, along with a gradual demand recovery from the steel sector.