Author: Shivani Patil
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India: MCL auction sees high premiums for G8 grade coal
G13 and G14 coal grades dominate allocations Premiums rise sharply despite low allocation Mahanadi Coalfields Limited conducted its non-coking coal auction on 30 April 2026, offering around 2,774,700 t. Against this, total allocation stood at 448,000 t (around 16%) reflecting relatively weak participation and cautious buying sentiment amid softer domestic prices and subdued industrial demand.…