SAIL and Bharat Coking Coal have signed an MoU to work together on two coking coal blocks in West Bengal. The market update said Bharat Coking Coal ended at ₹32.07, down ₹0.05, while SAIL ended at ₹184.80, up ₹0.80.
This matters because coking coal is a key input for steel. The reporting does not say what the deal is worth or when mining might start.
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Publisher's headline: “SAIL, Bharat Coking Coal sign MoU to jointly develop two coking coal blocks in West Bengal”
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Signal Desk