- Strong buyer participation and tight spot availability continue to support crude coal tar prices
- Upcoming auctions will indicate near-term demand and price direction
SAIL-Bhilai, NMDC Steel, Nagarnar and RINL Vizag have together notified 2,515 tonnes (t) of crude coal tar (CCT) for auctions scheduled later this month. The auctions are expected to draw participation from crude coal tar processors and distillation units amid steady downstream demand.
SAIL-Bhilai to auction 1,095 t on 27 Jul
SAIL-Bhilai Steel Plant has notified 1,095 t of CCT for auction on 27th Jul’26. In its previous auction held on 16th Jul’26, the plant achieved 100% allocation, with the entire 1,999 t on offer being sold at a weighted average realised price of INR 60,188/t. This represented an increase of around INR 2,300/t over the 6 Jul’26 auction, when the same quantity was sold at INR 57,800/t.
The higher realisation was primarily supported by healthy participation from domestic distillers, relatively tight spot availability, and sustained procurement requirements from downstream carbon black and chemical manufacturers. Buyers also adopted a more aggressive bidding strategy to secure volumes amid expectations of firm feedstock prices and stable downstream demand, resulting in stronger auction outcomes.
Additionally, NMDC Steel, Nagarnar has notified 1,000 t of CCT for auction on 23rd Jul’26 and RINL Vizag will be offering 420 tonnes of CCT on 27th Jul’26. The auction will offer buyers another opportunity to procure feedstock for downstream processing and will be closely watched by market participants for price direction.
Market outlook
The upcoming auctions will provide fresh cues on buying interest in the crude coal tar market. While SAIL-Bhilai’s previous auction reflected robust demand with complete allocation, the NMDC auction is expected to gauge current procurement appetite among distillation units and other downstream consumers.
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