2020-01.07
Indian mills raise ex-factory prices
Indian steelmakers have raised January mill prices by Rs 1,000 to Rs 1,500 ($14- $21) per tonne due to higher raw material costs and stronger domestic steel demand."The cost of steel production has increased by around rs 1,000 per tonne ($14 per tonne) at the moment," said VRSharma, managing director of jindal steel & power (JSPL). We plan to raise the ex-factory price of steel products from January 2."
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