Category: Met Coke
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Weekly round-up: Coal market remained subdued amid ample domestic supply and cautious buying sentiment
Domestic coal dominated procurement decisions Imported coal enquiries remained weak The Indian coal market remained subdued this week as abundant domestic coal availability continued limiting imported coal demand. Buyers largely adopted a wait-and-watch approach, with procurement restricted to immediate requirements amid weak steel sector fundamentals and monsoon-related slowdown. Frequent Coal India auctions ensured sufficient supply,…