Credit Suisse expects JSW Steel?s EBITDA per tonne to moderate to USD 98 against USD 109 in Q3. It did not expect any meaningful drag outside of the standalone operations. Investors would be keenly watching out for a likely formal capex announcement.
SAILCredit Suisse is not building any rise in prices for coal procured through Coal India. A bigger disappointment in sales volumes is likely down 9 percent YoY.
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