Tag: Indian Steel Prices
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Indian Long Steel Prices Surge by 35-40% Since Jun’17, Here’s Why?
Indian long steel prices prices have surged by INR 11,000-12,000/MT (35-40%) since beginning of 1st Jun’17 till 20th Jun’18 as per the data maintained with SteelMint. The reasons behind sharp increase in steel prices are as follows: Hike in raw material cost The prime reason behind the increase in Indian Steel prices is due to…