Author: Shivani Patil
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India: ECL non-coking coal auction records improved participation; G4 premiums strengthen
G4 and G3 grade bid increased sharply Overall allocations rise to 127,500 t vs previous auction Eastern Coalfields Limited (ECL) conducted its non-coking coal e-auction on 14 March, offering 1,458,800 t of non-coking coal. Total allocations increased to 127,500 t, compared with 118,200 t in the 7 March auction, indicating relatively improved participation. G4 bids…