JSW Steel's CEO, Jayant Acharya, expects cost pressures in the current quarter due to rising prices of iron ore and coking coal. However, he believes that higher volumes and firm global steel prices will help offset some of this pressure. The company posted a five-fold surge in net profit for the December quarter, aided by volume growth in India and strong performance of its international subsidiaries. Read The Rest at :
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.
