Profit

Raw prices, maintenance erode JSL margins

PUBLISHED ON: February 11, 2011 | Duration: 6 min, 23 sec

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JSL Stainless director (finance) Arvind Parakh says high raw material prices and maintenance at ferrochrome operations and power plants in Orissa eroded margins of the company in the third quarter. The company has increased prices eight to 10 times from January, he adds.
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