{"id":525010,"date":"2022-09-27T10:33:58","date_gmt":"2022-09-27T05:03:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=525010"},"modified":"2022-09-27T10:33:58","modified_gmt":"2022-09-27T05:03:58","slug":"high-price-of-coal-to-adversely-impact-profitability-of-domestic-non-ferrous-metal-cos-icra","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/high-price-of-coal-to-adversely-impact-profitability-of-domestic-non-ferrous-metal-cos-icra\/","title":{"rendered":"High price of coal to adversely impact profitability of domestic non-ferrous metal cos: ICRA"},"content":{"rendered":"<p>The high price of coal will adversely impact the profitability of domestic non-ferrous metal companies mainly operating in the aluminium and zinc space, Icra said on Monday. The domestic e-auction premium on coal, though it has softened in recent months, continues to remain high at around 300 per cent.<\/p>\n<p>&#8220;In the domestic market, power costs have significantly increased for domestic base metal companies, owing to the lower availability of coal linkages to non-power sectors and elevated coal prices in both domestic e-auction and the international markets,&#8221; Icra said in a statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The high price of coal will adversely impact the profitability of domestic non-ferrous metal companies mainly operating in the aluminium and zinc space, Icra said on Monday. The domestic e-auction premium on coal, though it has softened in recent months, continues to remain high at around 300 per cent. &#8220;In the domestic market, power costs have significantly increased for domestic base metal companies, owing to the lower availability of coal linkages to non-power sectors and elevated coal prices in both domestic e-auction and the international markets,&#8221; Icra said in a statement.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[194,130,136],"tags":[],"class_list":["post-525010","post","type-post","status-publish","format-standard","hentry","category-coal-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525010","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\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=525010"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/525010\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=525010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=525010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=525010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}