15
Feb
12:34
SAIL grows revenues but makes fiscal third-quarter loss
The Steel Authority of India (SAIL) has reported increased revenues in the third quarter of its 2020 fiscal year but falling prices led to the steelmaker posting a loss in the period, Kallanish notes.
“The quarter had been quite challenging for the entire industry in terms of subdued realisations thereby impacting the financial performance of all major producers. However, utilising this as an opportunity, we have accelerated our efforts towards stabilising t…
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Anonymous
Very good overview of the weekly steel market.
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