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Steel companies' margins projected to rise by Rs 1,500 per ton in 1QFY27 on elevated flat product prices: Kotak

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bignewsnetwork.comSteel companies' margins projected to rise by Rs 1,500 per ton in 1QFY27 on elevated flat product prices: Kotakbignewsnetwork.com
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New Delhi [India], July 8 (ANI): Domestic steel companies are likely to see their margins increase by around Rs 1,500 per tonne on average in the first quarter of FY27, supported by higher flat steel prices, according to a report by Kotak Institutional Equities. The report said the rise in margins is mainly due to higher prices of flat steel products during the quarter. However, the gains were partly offset by in

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