International market of steel is getting hot.
Prices are expected to increase by atleast 2000/- per MT in the month of April.Despite tremendous pressure from the Finance Ministry, The Steel Alliance has decided to increase the price.The prices were increased in the start of March. But due to the pressure of the ministry the main producers rolled back the price increase.
But this time, the price increase seems inevitable.Thus the prices of Cold Rolled Steel Strip will increase by 2500/- per MT.
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