Tag: CIL Coal prices
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India: Sponge Iron Sector Booked 54% Coal in SECL’s E-Auction
South Eastern Coalfields Ltd (SECL)-CIL’s largest coal producing subsidiary, has witnessed overwhelming response from the Sponge Iron fraternity in the recently concluded exclusive e-auction. Sponge Iron manufacturers had purchased 201,250 MT coal in the auction, accounting to 54% of the total offered quantity of 371,000 MT floated in the auction held on 29 Jun’19. SECL…