Steel firms to see profit growth amid price hikes, cheaper coking coal

July 17, 2025

Steelmakers are poised for a profit increase in the fiscal first quarter, driven by rebounding domestic steel prices and lower coking coal costs, despite an anticipated sales volume decline. Conversely, non-ferrous metal producers face a challenging quarter with projected revenue and EBITDA declines due to weaker commodity prices and softer volumes.

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