Indian steelmakers face margin pressure from higher coking coal prices. Supply disruptions in Australia and China raise steelmaking costs significantly. These increased costs could delay capacity expansion plans for mills. Higher import demand also contributes to rising transport and freight expenses. Companies are diversifying imports while seeking new supply sources.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.