Author: Rounak Gairarey
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India: Forging industry approaches PM over rising steel prices
The Indian Forging Industry Association has sought the intervention of the Prime Minister in controlling high steel prices that have dented the industry’s profitability, as per reports. Steel prices have shot up 25-30% in the last six months, putting the industry at serious risk, industry sources said. Last year, steel prices rose INR 16,950/t and…