Author: Shivani Patil
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India: Domestic non-coking coal prices increase w-o-w; rising supply may pressure prices ahead
Indian domestic non-coking coal prices increased by INR 100/t w-o-w as on 17 Apr’26, with 5,000 GCV at INR 6,700/t and 4,500 GCV at INR 5,300/t, supported by strong SECL auction premiums. However, buying remained limited due to weak sponge iron demand. As per sources, SECL will increase its offered volumes in its upcoming auctions,…