India: NMDC records higher bids in latest coal tar auction

On 1 Jul’25, NMDC Nagarnar Steel Plant auctioned 1,000 t of crude coal tar, with the entirety sold at a weighted average price of INR 37,000/t ex-works. This represents an INR 300/t increase compared to the previous auction on 3 May’25, where the weighted average price stood at INR 36,700/t ex-works. Notably, no auctions for crude coal tar took place in Jun’25.


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