Steel companies’ Q1 margins hit by rising costs, low prices – ET Infra

Representative Image NEW DELHI: The operating profit of steelmakers is estimated to have dipped by Rs 2,000-3,000 per tonne of metal sold during the April-June period compared to the preceding quarter, experts said. Steel prices and sales volume during the quarter dipped sequentially while input costs continued a northward march, resulting in lower profitability, they […]

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