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High input cost, weak steel prices to hit steel industry earnings: Icra

Spot coking coal prices hurting firms' earnings, but industry's absolute profitability metrics will remain at healthy levels in next 12 months; ratings agency maintains 'Positive' outlook for sector

Topics
Steel Industry | steel prices

Aditi Divekar  |  Mumbai 



steelmaker

Higher input costs coupled with softening is expected to hurt earnings of the domestic from December quarter onwards, ratings agency Icra said on Monday.

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First Published: Mon, December 06 2021. 15:34 IST

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