SteelMint

Tag: BCCL coal auctions

  • India: Bid premiums drop in BCCL coal auctions

    India: Bid premiums drop in BCCL coal auctions

    —

    by

    Shastu
    in

    Bharat Coking Coal Ltd (BCCL) conducted two auctions for a total of 170,500 t of coking coal on 3 Sept and 5 Sept’22. Almost 99% of the offered quantity in the auctions was booked at an average price realisation of INR 8,327/t while the average bid premium over the notified price was 120%. The bid…