Good afternoon, sir, and thank you for the opportunity. S ir, just wanted to understand one thing, out of all our plan ts, Durgapur has the largest semis component. So, basically any downstream projects which we are taking to bring down this semis content if you could give us some insight into it?
So, by when this TMT mills are supposed to come?
Sir, now that we have also decided to grow the Durgapur plant as well, just wanted to understand with IISCO and Durgapur already the finalizations happened. What is the peak level of debt which we will be comfortable with? Because as you see that our inter est cost is very high and we are very susceptible to the EBITDA levels.
Understood, sir. And so sir, any update on our raw material and pellet plant site, if you could -- like to give?
Just wanted to understand what kind of volume growth target we are targeting this year especially in the context that we have significant inventory also with us? We are targeting a production in excess of 20 million tons and as the sales are concemed, it would be 90 million tons. So this includes some sale of the inventory as well because if I believe rightly, we have over 1.6 million ton of inventory at this point of time? \ Steel Authority of India Limited May 21, 2024 Yes, you are right. We have over 1.6 million tons of inventory, and we are targeting to reduce our inventory, which is included here also. The inventory reduction in these two months, in particular, is to the tune of 2.09 lakh ton. At present, if you say our other inventory is 1.452 million tons.
Good afternoon, sir. Thank you for the opportunity. Si r, I see that our production has been pretty good, but our sales volume had been a little bit laggard. So, just wanted to understand our evacuation or the logistics in place right now and how do we se e this improving over the next six or 12 months down the line especially from the Chhattisgarh region?
So, FY26 basically, we could be at 52, 53 million tons range?
Good morning sir and thank you for the opportunity. Sir, just wanted to und erstand the way I see that the sponge iron EBIT has jumped on a sequential basis while we believe that the price was kind of lower for most of the players in the Chhattisgarh region. Is there anything additional in this sponge iron which we are missing out right now?
Understood sir. Sir, in terms of pe llet trading which we started and had done other marginal losses this quarter. Just wanted to understand that why if we are able to sell iron ore then why this pellet trading is happening here right now?
Just wanted to understand one thing. If you look at our silver growth guidance of around 2% versus the refined metal guidance of 5%, even with the fact that the Fumer just contributed 3 tons out of the 30 tons potential, so why this Fumer is not growing at all with refined metal?
Given zinc prices have jumped up significantly, with this our cash flow would also be increasing. So, our preference would be debt reduction or this kind of debt we will maintain and whatever the additional money we would have, this can be distributed as the dividend going forward. So, what’s our take on that?
Sir, I wanted to understand the update on the business plan restructuring of the different divisions, where we are so far?
Understood. Sir, any timelines, which you have internally decided between which you wanted to complete that?
Sir as you said that there would be a margin compression in such as galvanized and similarly many of the competitors are coming in even in the value-added segment like Mild Steel TMT. So, just wanted to understand that while on one hand you're talking about a margin expansion in the heavy structural your larger share would see an on slot from the competitor. So, just your thought process whether in this mix you would be maintain the margin or you expect in a longer than it should come down?
Sir one last question on the cash flow users like you said next year 300 or let's say 400 crores will be your CAPEX and some working capital is required, but cash inflow is much higher and even in future for keeping a 25% growth rate term maintenance of that we don't need like 50%, 60 or 100% of our EBITDA to that. So, we have 50% or more EBITDA every year would be free to use cash what we will do?
Good evening and thank you for the opportunity . Just a little bit clarification since you said that the domestic steel prices are much higher than the export prices but we still gets the better margins in the export so just f ailed to understand where is the differences basically because conversion cost even for the foreign player should not be that high?
Sir that what I understand basically I am talking about current exports so can we ass ume that the current exports which we are making is of a lower margin and in future we will substitute it with Dubai and getting some margins?
Sir I just want to understand given there is a mismatch in the timeline of our iron ore capacity coming in and pellet coming with a lag of 15 months is it any provision which allows us to sell iron ore in the market or we will just bring down the Boria Tibu to 0 and start utilizing on the Ari Dongri so what is the plan there?
Okay but even if you want to there would be some additional premium which you need to pay right that is 25% premium will be applicable?
Good evening, sir. Sir, my first question pertains to Oil & Gas segment. Just wanted to understand, since we are just failing to ramp up the production to a desired level in the quarter after quarter, what is the capex which we need just to spend to maintain the volume only, if not the extra volume? So, the volume of 130 to 140 kboepd, what is the capex which we need to continue to spend just to maintain the volume there?
Understood. My second question pertains to Zinc International business. That segment is also seems that we are not actually increasing the volume to desired level. Last two quarters has been kind of stuck. Gamsberg kind of stuck in the sub-50 kt. So is it because the market is weak and that's why we are not ramping up? Or there are some other issues, which is forcing us not to ramp up to desired level?
Good afternoon sir and thank you for giving me the opportunity. Sir I wanted to understand our current realizations vis-à-vis 2Q average how much percentage it is up or at the same level if you could give us some insight into it?
Understood Sir but as against this our coal as well as iro n ore prices would have been on a higher side so another quarter of some margin pressure which we can experience. is that the right assumption?