Author: Nikita
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Indian automakers may face a price hike of around 12-15% for half-yearly contracts with steel companies
Indian automakers coming out of lockdown lows are likely to face a price increase of around 12 % – 15% for half-yearly contracts with steel companies, SteelMint learned from its channels. Most of the steel companies have proposed a price hike of around INR 6,000/t ($82) in flats and around INR 4,700/t ($64) in longs…