JINDAL STEEL LIMITED CC-Mar25.pdf
1 May 2025
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So, I wanted to ask on gross margins. Like I saw on PPT quarter-on-quarter average selling price increased by 4%. And as you said, coal prices were down by around $10 per tonne and the iron ore also remained flattish. So, I was seeing gross margins decreased by 300 bps. So, any reason why it decreased?
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Okay. And also on coking coal, so we are like mostly backward integrating our thermal coal for the captive usage, but we are not much focusing on the coking coal for the captive use. So, are we planning any inorganic or through auction -based to acquire some mines for the captive consumption?
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