Author: Yuvraj Chouhan
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India: MCL’s non-coking coal auction records allocation rate of 26%; G12 grade receives highest bookings
G8 commands sharp premium, G13 bids surge Bids for G11, G12, G13 decline by around 1-8% Mahanadi Coalfields Ltd (MCL) allocated 818,750 tonnes (t) of non-coking coal in its auction held on 30 June 2026 against an offered quantity of 3.11 million tonnes (mnt), translating into an absorption rate of around 26%. In comparison, the…