Tag: SECL India Auction
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India: SECL allocates around 2 mnt of coal in recent auctions
South Eastern Coalfields Limited (SECL) conducted two spot e-auctions on 23 and 25 January 2025, offering a wide range of coal grades. The auctions saw a combined allocation of 1.95 million tonnes (mnt), with major buyers securing large quantities. However, winning prices varied across grades, reflecting bidder’s demand patterns and interest levels. 23 January auction:…