Global Steel Industry and Future Outlook

Segmental Performance-Graphite Electrodes HEG HEG Limited in Rs. Crore World Winning Quality Q2 FY17 Q1 FY17 H1 FY17 Net Sales 192.70 161.45 361.84 Export (% of sales) 53.21% 59.28% 56.00% EBITDA Margin (2.00%) (9.90%) (5.70%) EBIT Margin (10.11%) (19.58%) (14.53%) 6 Capacity utilisation at around 65% and expected to go up in the forthcoming quarters, reflected by healthier order book. Graphite electrode prices seems to have bottomed out and have flattened since past 2 qtrs. Part impact of the cheaper raw material contracted during 2016, realized in Q2.

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