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February 07, 2015 16:33:26 IST
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Indian pig iron market in unending downward spiralGlobal pig iron market has been in decrepit mode following the footsteps of finished steel. Domestic as well as international prices have been declining rapidly making it onerous for the steel behemoths to liquidate volumes through archaic and ...
Galvanized steel producers to cut prices by 3-5% on falling raw material costsGalvanized steel manufacturers will soon cut their product prices by 3-5%, or about Rs 1,000 Rs 1,500 a tonne, following a steep decline in raw material prices. Falling raw material prices has reduced cost of galvanized steel production which we ...
Domestic steel price trends in India in 2014 - PS14With meagre growth in steel consumption during 2014, the situation remains grim in Indian steel sector although the prices have fluctuated by 2-3% to 5-7% in most cases as against drop of about 25% in Chinese steel prices While policy paralysis led ...