Tag: Coal Linkage Auction for Sponge Iron
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CIL Sells 55% of Offer in Auction to Sponge Iron Sector: The Complete Story
The recently concluded coal linkage auction for the sponge iron sector conducted by Coal India Limited (CIL) saw low enthusiasm among the participants; and perhaps the slowdown in the steel sector in India was responsible for the tepid show, as many industry insiders believe. In the auction that lasted during 10-16 Jun’16, only 2.05 MnT,…