Announcement

Wednesday, May 12, 2010

TATA Steel moving to quarterly contracts with auto and rail segments

Mr HM Nerurkar MD of TATA Steel has urged the automobile sector to renegotiate prices on a quarterly basis in place of the current half yearly basis.

Mr Nerurkar, while talking to newspersons, observed that “We have no choice as we have to rework the pricing of our products to adapt

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