High-Cost Inventory Likely To Hurt Q3 Margin, Says JSW Steel
A worker stands on a stack of steel pipes at a wholesale supplier in a steel and iron market area in India. (Photographer: Prashanth Vishwanathan/Bloomberg)

High-Cost Inventory Likely To Hurt Q3 Margin, Says JSW Steel

JSW Steel Ltd. said the fall in global steel prices will hurt operating margin due to relatively high inventory costs.“Steelmakers may take at least a quarter to recover from the effect of the decl...
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