SAIL to cut prices of flat items for November

PTI reported that Steel Authority of India Limited will reduce prices of flat products by at least INR 500 a tonne.

Mr SK Roongta chairman of SAIL said that “There is a need to reduce the prices of flat steel products in line with softening international prices. Long steel prices in India are also under pressure. The reduction could be higher than INR 500 per tonne.”

(Sourced from http://www.steelguru.com/news/index/2009/11/02/MTE4MzM2/SAIL_to_cut_prices_of_flat_items_for_November.html)

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