Q4 results preview: Steel companies’ operating performance likely to get hit by lower prices, higher coking coal cost

Q4 results preview: Steel companies’ EBITDA per tonne is expected to improve from Q1FY25 due to a fall in coking coal prices, which offset lower steel prices. The base metal prices are also expected to inch up in FY25. Besides, cost of production is likely to reduce, improving profitability.
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