Tag: Domestic plates
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SAIL Hikes MS Plate Prices by INR 500/MT
India’s steel sector which was dealing with dwindling demand and cheap imports especially from China finally got some respite after the Indian government announced MIP on steel products on 5 Feb’16. With this domestic steel products prices increased cumulatively in the range of INR 2,500-3,000/MT. While plate prices increased by INR 1,500/MT post MIP imposition,…