India: RINL sees higher bids in latest crude coal tar auction

RINL-Vizag Steel Plant conducted a crude coal tar auction of 1,260 t on 10 Sep’25, in which the entire quantity was sold at a weighted average price of INR 37,050/t ex-works. The result represents an INR 1,550/t increase compared to the previous auction for 1,050 t held on 26 Aug’25, where the weighted average price stood at INR 35,500/t ex-works.


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