Flat prices increases by Rs. 500 PMT on demand backed by Auto Sector

Flat prices increases on
demand backed by Auto Sector. Essar Steel increases its February prices by Rs.
500 PMT, Ispat Industries will be increasing by Rs. 350 PMT in all sizes.

Domestic car sales
accelerated for the third straight month in January, with the country's largest
carmaker, Maruti Suzuki, posting its first rise in
eight months. Rival carmakers Hyundai, Tata Motors
and Toyota, too, posted good figures and indicated that sales in the
next fiscal year could be robust. Car purchases in the world's second-fastest
growing car market had slowed due to rising cost of fuel and loans.