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"steel prices in india mirrored the trend, falling per cent from rs per tonne in january to rs per tonne in august ," the report added. not surprisingly, indian steel manufacturers ' earnings before interest, tax, depreciation and amortisation (ebitda) spreads contracted basis points (bps) on-year in
cent growth in the previous two fiscals, the domestic steel industry is expected to witness a mid-cycle slowdown at - per cent this fiscal, given muted construction investments and weak automotive market, the report predicted. prasad koparkar, senior director, crisil research said: "steel prices have not...
https://economictimes.indiatimes.com/markets/commodities/news/steel-demand-to-improve-in-h2-but-weak-h1-expected-crisil/articleshow/71293317.cms