Tag: Higher production Cost
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Indian Steel Majors to Raise Flat Steel Prices Sharply On High Production Cost
Major Indian steel makers are eyeing for sharp price hike of INR 5,000-6,000/MT in flat steel products in the near term. However market participants are less bullish over prevailing dull demand in domestic market. On 1st Decβ16 Indian steel makers had raised flat product prices by INR 3000/MT, amid higher production cost. Increase in coking…