Tag: Power cut in Andhra
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India: Power cut in Andhra hiked Steel Prices by INR 1,000/MT W-o-W
Power cut in Hyderabad (Andhra Pradesh) once in a week has made the prices dearer and forced manufacturers to increase its offers by INR 500-1,000/MT for Ingot/Billet & Re-bar in 2-3 days. Ingot is offered at around INR 32,300/MT, while Billet is traded at around INR 32,600-32,800/MT. Re-bar (20 mm) is traded at INR 34,500-34,700/MT.…