Debt-to-earnings ratio of steel producers to remain below 2 times in FY24: Crisil Ratings

Research firm Crisil Ratings on Monday said it expects the net debt-to-EBITDA ratio of domestic steel manufacturers to stay below the level of 2 times in the financial year 2023-24. Healthy demand growth, coupled with high operating rates, is driving the need to add capacity by the players.

from Industry-Economic Times https://ift.tt/Tys1zvA
via IFTTT