India: SAIL’s coal tar auction from Rourkela Steel Plant fails to draw buyers

SAIL’s crude coal tar auction held on 22 Oct’25 from Rourkela did not attract any bids, mainly due to the relatively high offer price of around INR 37,100/t, which deterred buyers, said sources. The auction was initially planned for 9 Oct’25 for 6,400 t but was later cancelled and rescheduled for 22 Oct with an increased quantity of 9,500 t, aligning with revised supply and market considerations.


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *