Tag: Coal Linkage Auction for Sponge Iron
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CIL’s Linkage Auction Fetches 19% Premium for Sponge Iron Sector
Coal India Ltd (CIL), the largest coal producer in the country, has concluded coal sales for sponge iron sub-sector under the ongoing fifth tranche of linkage auctions. The company had offered 4,697,000 MT for sale across its six subsidiaries, against which individual auctions were held for each lot during 23-31 Dec’19. CIL managed to sell…