Author: Suyash Jain
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Indian primary steel mills may report 7-11% q-o-q decline in EBITDA in Q3FY’26
Sharp increase in production outpaces demand growth Q4 outlook hinges on demand revival amid market surplus Indian steel mills are projected to report lower profit margins for the December quarter (Q3FY26), belying expectations of a pick-up after the monsoon. Aggregate EBITDA per tonne for the top four mills is projected to range about INR 9,253-…