The record
Written from the 1 report below. Nothing here is unsourced.
- State-run steelmaker SAIL expects imported coking coal costs to fall by up to Rs 2,000 a tonne in the monsoon quarter.
- The company also plans to maintain its full-year production and capital expenditure targets despite the seasonal slowdown.
- Lower input costs could ease pressure on its margins if the decline materialises.
What to watch next
- Whether imported coking coal prices fall by the projected Rs 2,000 a tonne
- Whether SAIL keeps to its full-year production targets through the monsoon quarter
- Whether planned capital expenditure stays on track
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Named India · SAIL
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