Tag: Indian steel makers
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Large Indian Steel Makers to Raise Long Product Prices up to INR 1,500/MT for Dec’16: Sources
Steel Mint has heard from the market sources that large Indian steel makers are most likely to increase the prices of long product by INR 1,000-1,500/MT for Dec’16 deliveries. Currently, rebar offers by large steel producers are in the range of INR 35,000-35,500/MT (including excise duty, CST, VAT extra) for Punjab region. The prime reason…