Steel stocks to see Rs 3,000 -4,000 per tonne margin expansion in Q3 over Q2: Rakesh Arora
“Steel margins will improve in Q3 because coking coal prices came off earlier in the quarter. Now they have inched back upwards but there will be Rs 3,000 to 4,000 per tonne margin expansion in Q3 over Q2. But stocks have moved up way beyond what will be the improvement in the margins.”