Combination of factors pushed JSW Steel into red in Q2, says MD Seshagiri Rao - Business News: Latest Share Market , Economy & Finance News | Trendmergers

Breaking

Post Top Ad

Post Top Ad

Combination of factors pushed JSW Steel into red in Q2, says MD Seshagiri Rao

The company sold more than 5 million tons of steel for the first time in a quarter, he said, but that too worked to the detriment of its financials as it was high-cost inventory that was sold at the lower market prices prevalent during the quarter.

from Industry-Economic Times
Read The Rest:economictimes...

Post Top Ad