12
Apr
16:14
Costlier feedstocks to impact Indian steel earnings: Ind-Ra
Owing to the Ukraine war impact, raw materials prices have surged dramatically, which has ultimately affected metal and mining companies’ cash flow from operations. The impact is expected to prevail through the fiscal year ending 31 March 2023, if production margins narrow for more than a quarter beyond the June quarter, says India Ratings & Research.
This impact is, however, unlikely to impact Indian integrated steel plants because of their captive raw …
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Anonymous
Very good overview of the weekly steel market.
Anonymous