Margins will stay under pressure in Q2, H1 to be robust: Tata Steel MD - Economic Times
7/27/2022 12:00:00 AM2 years 9 months ago
by Nehal Chaliawala
by Nehal Chaliawala
The margins of domestic steelmakers will remain under pressure in the second quarter despite a dip in input costs as they are carrying more expensive inventory that will now be liquidated, said TV Narendran, managing director, Tata Steel. While the imposition…
The margins of domestic steelmakers will remain under pressure in the second quarter despite a dip in input costs as they are carrying more expensive inventory that will now be liquidated, said TV Na… [+2020 chars]
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