Steel Prices Set To Rise By ₹2,000 A Tonne In February

The Hindu Business Line|January 14, 2020

Steel Prices Set To Rise By ₹2,000 A Tonne In February
Good demand from dealers, industries pushes up prices
Suresh P Iyengar

Steel prices are set to increase by about ₹2,000 a tonne next month on the back of strong demand and a rise in raw material prices. This would be the fourth consecutive month of steel price rise.

Early this month, steel companies had raised prices by ₹1,750, on the back of good demand from dealers and steel-consuming industries.

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January 14, 2020