KeyAnnouncementImpactCustomsdutyformetcokeraisedfrom2.5%TO5%Neutralforsteelplayers.positiveforcompanieslikeNRECokeTariffrateonsteel&ironhasbeenincreasedfrom10%至15%Neutralinthenearterm.However,thegovernmenthasincreasedtheroomtoincreasecustomsdutygoingforwardandwouldbenefitsteelmanufacturingcompanies.CleanenergycessincreasedfromRs100 / tontoRs200 / tonNegativeforcompaniesconsumingdomesticcoallikeNALCO,SesaSterlite,Hindalco工业公司,JSpLSADonmeltingscrapofiron&steelreducedfrom4%TO2%.NoimpactSource:
IIFL研究
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