Tag: India’s tier-1 mills report higher production
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India’s tier-1 mills report higher production, sales in FY’24; optimistic on Q1FY’25
Higher consumption y-o-y nudges up production EBIDTA up on lower coal costs, value-added focus Further drop in coking coal prices likely in Q1FY’25 Morning Brief: India’s tier-1 mills put up a fairly good show in financial year 2023-24 (FY’24). Crude steel production increased for a majority of them, as did sales. The EBIDTA per tonne…