New Delhi, June 6 -- Steel producers saw a turnaround in their performance during the March quarter (Q4FY25), aided by a decline in raw material prices and continued momentum in domestic demand.

While realization remained under pressure, prices started climbing from March, in anticipation of the safeguard duty, announced in April.

The combined Ebitda of the four integrated steel players, JSW Steel Ltd, Tata Steel Ltd, Steel Authority of India Ltd (SAIL) and Jindal Steel & Power Ltd (JSPL) rose only marginally by 1% during the quarter.

This, however, marks a significant improvement after a decline of 14% in Q3FY25. What's more, firm steel prices and a decline in imports are expected to further improve their profitability moving ahead. ...