For Steel Companies, Q1FY22 is Expected to Be Sequentially Better as Higher Steel Prices ... - Latest Tweet by IANS Tweets

For steel companies, Q1FY22 is expected to be sequentially better as higher steel prices (by Rs 4,500-8,000/t qoq) will offset lower volumes (down 7-17 %) due to localised lockdown amid 2nd wave of #Covid & higher raw material cost (iron ore cost to increase by ~Rs1,500/t qoq). pic.twitter.com/aAKvIaTfDm— IANS Tweets (@ians_india) June 18, 2021

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