Gas Price Changes for Industrial Sector and Impact on Sectors and Companies

The government has decided to raise the gas cost for the industrial sector (Steel, Ceramics, Cement, Fertilizers, and Petrochemicals) to USD5.75/MMBtu, except for companies whose cost is calculated based on a formula tied to selling prices. - While the gaps between new FVs and current market prices are not wide, because stocks had initially failed to reflect the profitability spike, the market will definitely not take the news well and stocks will face pressure at the opening.&nbs...