domestic steel companies is expected to improve ~1% QoQ in Q4FY25 as flat imports and create a floor for Indian steel pricing. Heightened global uncertainties kept the exports markets under pressure. In contrast long product prices declined by 1% due to lower-than-expected infrastructure activities. Due to employee strike at NMDC mines, domestic iron ore prices stayed elevated however coking coal further softened 9% QoQ during Q4FY25. Initial announcements of US tariffs and rationalization of Chinese steel capacities had led to increase in steel prices across regions. However,...