Indian Metal: Hanging Tight Regardless of Headwinds
The Indian metal shares rallied on the again of upper realisations post-Covid in FY21 and FY22. However as uncooked materials prices caught up and realisations declined, the affect was felt on profitability in FY23 and onwards. Additional, import of lower-cost metal from China has added to the woes over the past 12 months, with hopes … Read more