Author: Yuvraj Chouhan
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India: Over 700,000 tonnes of coal booked in SECL’s auction, bids drop
G11 coal dominates auction allocations Cement buyers drive bidding activity led by Ultratech South Eastern Coalfields Limited’s (SECL) non-coking coal auction held on 1 June 2026 witnessed moderate participation, with total allocation reaching 706,100 tonnes (t) against the offered quantity of 1.1 million tonnes (mnt). The auction recorded an absorption rate of around 64%, reflecting…