{"id":442137,"date":"2021-10-13T08:22:20","date_gmt":"2021-10-13T02:52:20","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=442137"},"modified":"2021-10-13T08:45:34","modified_gmt":"2021-10-13T03:15:34","slug":"rising-prices-of-coal-to-weigh-on-steel-companies-september-qtr-earnings","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/rising-prices-of-coal-to-weigh-on-steel-companies-september-qtr-earnings\/","title":{"rendered":"Rising prices of coal to weigh on steel companies&#8217; September qtr earnings"},"content":{"rendered":"<p>Rising prices of international coal \u2013 both coking and thermal &#8211; used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals companies in July-September quarter (Q2) as steel companies may see margins getting eroded, while the base firms could stand to benefit, said brokerages. <\/p>\n<p>Since metals is a cyclical sector, a year-on-year comparison for earnings would give a better picture. However, due to the ongoing pandemic and last year\u2019s low base, sequential comparison has been taken in consideration to show a clearer picture on pricing and volume trend.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising prices of international coal \u2013 both coking and thermal &#8211; used in the making of ferrous and non-ferrous metals, respectively, are expected to have an impact on margins of metals companies in July-September quarter (Q2) as steel companies may see margins getting eroded, while the base firms could stand to benefit, said brokerages. Since metals is a cyclical sector, a year-on-year comparison for earnings would give a better picture. However, due to the ongoing pandemic and last year\u2019s low base, sequential comparison has been taken in consideration to show a clearer picture on pricing and volume trend.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,170,130],"tags":[],"class_list":["post-442137","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-coal-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442137","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=442137"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/442137\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=442137"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=442137"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=442137"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}