PTI reported that Steel Authority of India Limited does not plan to raise prices of flat product in August but may consider reducing prices of long products.
Mr SK Roongta chairman of SAIL on the sidelines of a CII function told reporters that “SAIL does not plan to raise prices of flat products but the company will take a call on cutting prices of long products on August 1.”
(Sourced from http://www.steelguru.com/news/index/2009/07/28/MTA0MDYz/SAIL_to_maintain_prices_of_flats_but_cut_longs_in_August.html)
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