Tag: Indian primary mills – EBITDA per tonne comparison

Amid bearish market trends, Indian Tier 1 mills witnessed a downbeat FY’25, with EBITDA/tonne (t) falling by 8-23%. This decline came in the wake of lower steel prices, though there was a slight uptick in sales y-o-y in alignment with the increase in India’s steel consumption. All mills posted a fall in their earnings before…