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The Economic Times

Markets / The Economic Times

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Softer domestic prices, rising input costs to weigh on steelmakers Q3 earnings

Steel companies anticipate lower profits this quarter. Softening domestic prices and higher input costs are impacting earnings. However, non-ferrous metal producers are set for better results. Strong rebounds in aluminium, zinc, and copper prices are driving this improvement. A new safeguard duty on steel imports is expected to boost prices in the coming months.

23 Jan 2026 5:41 am