SPCC_SD
SL_250Y_4D_SL_330Y
S50CM
ASTM_A684_1065MOD_1070
SK85M
SILICON_ELECTRIC_STEEL
SECC
 
 
     
  4/6/2010  
  India steelmakers may lift prices by 9%

 

     
  While raw material cost is mounting higher, India’s steel mills plan to lift steel price by up to 9 percent.

The main factors of price surging are the cost of coal, electricity and natural gas. As India is the 3rd largest iron ore exporter in the world, it is not iron ore as other Asian mills caused the metal price surging.

Media said mills Steel Authority of India Ltd, JSW Steel Ltd., and Ispat Industries Ltd. might lift the price.