Author: Shivani Patil

  • India: MCL auction sees high premiums for G8 grade coal

    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.…