Motilal Oswal expects steel industry's Q2 profit to remain steady despite higher input costs

Here's Why Steel Industry's Q2 Profits Is Seen Intact Despite Soaring Input Prices.

Motilal Oswal expects steel companies' Q2 profit to remain steady despite higher input costs due to a 6090-day inventory lag.

This implies that the current increase in input prices will only affect margins and profitability after a couple of quarters .