Tag: MCL bid premiun fall
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India: Bid premium falls in MCL’s spot coal auction in Nov’22
Coal India Limited’s (CIL’s) largest producing subsidiary, Mahanadi Coalfields (MCL), concluded a spot auction for the sale of non-coking coal on 7 November 2022 in which the entire quantity of 2.03 million tonnes (mnt) was booked. The offering constitutes mainly of lower grades (G12, G13 and G14). The entire material was booked at a total…