Domestic steel prices still at 6-8% discount to global prices, there is room for further hikes: Crisil - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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Domestic steel prices still at 6-8% discount to global prices, there is room for further hikes: Crisil

Crisil expects the large steelmakers (excluding the public sector ones) to clock an 800-1000 basis points improvement in their Ebitda margin (on-year) in the second half of this fiscal, riding on the tailwinds of a 35% increase in domestic steel prices, a 30-35% decline in coking coal prices, and surging demand.

from Industry-Economic Times
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