Large steel producers also benefited more from the rise in steel prices, given the dominance of flat products in their portfolio.
The improvement was driven by supply chain efficiency, increased exports and domestic mines.
Major steelmakers have made huge strides in terms of results over the past fiscal year, increasing their market share by 500 basis points (bp) year over year to 58%, although their share in the industry's capacity has remained unchanged.
The improvement was driven by supply chain efficiency, increased exports and domestic mines.
Large steel producers also benefited more from the rise in steel prices, given the dominance of flat products in their portfolio.
