Metals and Mining - Q3FY23 Earnings Preview
We expect Tata steel to report revenue de-growth on both YoY/QoQ basis, led by a drop in HRC prices at India and Europe (ex-Mumbai prices down 25%...
413 Views
Steel Export Duty Roll Back - Government Rolls Back Export Duties On Steel, Iron Ore, & Pellets
Export duty on Iron ore exports and the concentrate is reduced from 50% (for all grades) to NIL for Fe grades < 58%, and to 30% for Fe>58%.
332 Views
Metals & Mining Q2FY23 Results Preview
Steel Q2FY23 Preview – Margins to hit a trough: We expect Steel companies under our coverage to deliver weak Q2FY23 numbers.
284 Views
Steel Sector Outlook - Domestic Demand Revival A Key to Drive the Steel Sector
Domestic HRC Steel prices have corrected by 27% since the peak seen in the 1st week of Apr’22. This has been on account of the weakness in the...
283 Views
Metals and Mining: Strong Commodity Prices to Drive Profitability; Deleveraging to Continue
We expect Metals and Steel companies under our coverage to deliver robust Revenue/EBITDA growth on a YoY basis, primarily on account of strong...
465 Views