Tag: Q2FY18
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India: Essar Steel Output Falls 15% Q-o-Q in Q2FY18
Shortage of funds and insolvency proceedings has lead to decline in Essar steel production this quarter and this will affect the profitability of the company. Essar Steel, one of the leading steel manufacturers of India, has announced its Q2FY18 results.The steel maker’s flat steel production has been recorded at 1.33 MnT in Q2 FY18 compared to…