SAIL hikes prices per tone

SAIL hikes prices by INR 700 a tonne for both longs and flat Business Line reported that Indian steel giant Steel authority of India Limited has hiked the prices of both flat and long steel products by Rs 500-700 a tonne for January sales and shipments.

Me CS Verma chairman of SAIL told ““The demand is slightly picking up. There are signs of revival in the market.”
But he cautioned that “The expected slowdown in the Government spending in the months ahead of the general elections could be a limiting factor.”
(www.steelguru.com)

Posted in: Sail Steel Authority of India