Tag: TATA Tiscon
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India: RINL & Tata Steel increases Re-bar offers for Jul’14 on High Freight Charges
RINL, Tata and Monnet have increased prices by INR 600-750/MT. This is the 3rd price hike in last 4 months. Increase in road & railway freight are the main reasons, stated the company officials. Earlier, price hiked by INR 500-1,500/MT in Jun’14 and INR 500-1,000 in May’14. Steel prices have increased mainly because of NMDC’s…