Author: Rahul Shrivas
-
India: Strong earnings projected for major steel mills in Q1 FY27 but softer prices could erode Q2 margins
Ebitda of top four mills to rise by 5-10% y-o-y in Q1 Improvement in realisation offset by higher coking coal costs Data Deep Dive: Indian steel mills are projected to further improve profitability in the June quarter (Q1FY27), building on a strong performance in the March quarter (Q4FY26), as higher steel realisations more than offset…