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ICICI Direct:Metals And Mining Earnings Preview - Higher Realisations To Aid QoQ Improvement In Ebitda/Tonne

Sequentially higher steel prices and an improving product mix can improve realisations by Rs 3,500/tonne in Q2 FY21.

A worker works while sparks fly as molten steel is poured from a ladle at an arc furnace in the steel melting shop of the Jindal Steel & Power Ltd. plant in Raigarh, Chhattisgargh. (Photographer: Udit Kulshrestha/Bloomberg)
A worker works while sparks fly as molten steel is poured from a ladle at an arc furnace in the steel melting shop of the Jindal Steel & Power Ltd. plant in Raigarh, Chhattisgargh. (Photographer: Udit Kulshrestha/Bloomberg)
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