It is very difficult to predict the commodity prices, but generally the fact that the world economy is not expected as is the large part of the world economy, north America and Europe, that would have an impact on commodity prices and in one of our segment specifically where we use coal and iron ore which is a ductile iron pipe segment, so we see easing of cost pressures and thereby the margins are expected to be better. But given the fact that Jindal Saw is in a multiple product scenario, so they are not strictly a peer.
In our large diameter business, the oil and gas spend in our target markets is very robust given the fact that oil has been pretty steady in a band and this affects our seamless business where upstream market is very strong. Over going six months commodity prices if all FIIs or the majority view is that they would remain soft or they would be softer than what they were in last six months, operating margin should look better.
