Author: Shivani Patil

Mid-grade coal records strong premiums Weak sponge iron margins pressure demand SECL’s recent non-coking coal auctions, conducted between 25 and 30 April 2026, reflected mixed market sentiment, with selective demand visible across mid-grade coal segments while lower-grade material witnessed relatively subdued participation. Buyers largely remained cautious amid weak sponge iron and steel demand, comfortable domestic…