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Revival in demand enables steel firms to hike prices
December 12, 2012December 12, 2012by In Materials

Revival in demand enables steel firms to hike prices

Industry watchers feel that demand for steel has improved recently and this enabled steel makers to raise price of their products. It is learnt that there has been a five to seven per cent price hike in both flat and long steel products on a year-on-year basis. Rashtriya Ispat Nigam (RINL) increased rates by Rs 500 per tonne this month when it followed most of the