Author: Abhishek Bhalla
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How Indian Steel Prices Increased in Last 3 Months
Indian steel prices have increased sharply in last last quarter (Oct-Dec’17) on various factors like 1. Increasing exports from India. 2. Rising raw material cost. 3. Lower steel imports. 4. Rising prices in global market. 5. Closure of some major mines in Odisha. 6. Price hike by NMDC. 7. Rising coking coal and ferro alloy…