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Project News Details
| Title |
Steel companies may see hiked demand, better margins in Q3FY25: Centrum report |
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|---|---|---|---|---|
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| Detail |
Indian steel companies are poised for a stronger third quarter, with rising demand and improved margins driven by price hikes in long steel and stable flat steel prices. Lower coking coal costs are also expected to boost profitability. This positive outlook follows a challenging second quarter marked by steep declines in steel realization and EBITDA losses for domestic producers.
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| Country | ||||
| Source | ET Energy World | |||
| Regions | Asia SAARC Countries South Asia | |||
| Sectors | Roads and Highways-Bridge Construction Energy-Power and Electrical Computer Hardwares and Consumables Steel Marine | |||
| Published Date | 18.11.2024 | |||
| Original Url | Original Url | |||
| Share | ||||
India
| Title |
|---|
|
Steel companies may see hiked demand, better margins in Q3FY25: Centrum report
|
| Detail |
| Indian steel companies are poised for a stronger third quarter, with rising demand and improved margins driven by price hikes in long steel and stable flat steel prices. Lower coking coal costs are also expected to boost profitability. This positive outlook follows a challenging second quarter marked by steep declines in steel realization and EBITDA losses for domestic producers. |
| Country |
|
India
|
| Source |
| ET Energy World |
| Regions |
| Asia SAARC Countries South Asia |
| Sectors |
| Roads and Highways-Bridge Construction Energy-Power and Electrical Computer Hardwares and Consumables Steel Marine |
| Published Date |
| 18.11.2024 |
| Original Url |
| Share |
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