A Weak Q4 For HEG Ltd: Margin Contracts, Profit Falls
  • WebDesk BTVI
  • May 21 2019

Manish Gulati, COO at HEG, says the company faces a pressure on the lower segment due to cheap Chinese electrodes. Volume growth for the FY18-19, was at 80%. Sales have remained the same through through FY18-19. The company is expecting the Electric Arc Furnace, as well as the electrode supply to be stable for FY19-20.