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%.
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Tata Steel - Debt Increases Sharply QoQ Due to NINL Payout….
Tata Steel Group is among the top global steel companies with an annual steel production capacity of ~34 million tonnes per annum (MTPA).
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Tata Steel - Weak Q2, No Sharp Recovery Visible in the Near-Term
Its consolidated revenue stood in line with our estimates but EBITDA/PAT missed ours and the street's expectations by 16%/13% respectively.
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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.
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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...
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