price increase in steel

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.

West Bengal and Steel

West Bengal will be the next hub of the steel Industry in India.

With the merger of IISCO in SAIL, the total economy of this region will see a major change.The Jindals are also setting up 2 million tonne capacity plant in WEST BENGAL.

Kolkata will become the hub of CRCA Steel strips in the period to come.

EDD quality CRCA Steel Strips in thinner guages

We have been supplying these special purpose steel strips to a number of Industries.

Safety Pins,Picture Tubes,Battery Caps,Buttons,etc. are some of the Industries wherein we have established our reputation as a prominent supplier of EDD Quality Mild Steel Strip.

We have accomplished the strictest parameters of OEM’s as regards chemical and mechanical properties. With a maximum hardness of 75HV we have achieved a cupping value of 14mm.

We feel ourself in a comfortable position in any size in this particular Grade.

For more information, we invite to visit our website:

wood working saws and knives,industrial knives,tools,saws & cutters

Besides, all kinds of steel strips (Spring Steel Strips and CRCA Steel Strips), we present ourselves as one of the biggest stockist and suppliers of all kinds of woodworking saws and knives and all kinds of industrial saws, knives and cutting tools. We cover the following:

WOOD WORKING SAWS AND KNIVES: bend saw blades,circular saws,cross cut saws,pit saws,bow saws,hand saws,planner blades,peeling knives and grooving cutters.

Diamond Segmented saws and blanks

All kinds of industrial saws,knives and tools: paper cutting knives,bamboo chipping knives,HSS slitting saws,etc.

For more information we invite you to visit our website:

Price re-shuffle in steel

Steel Autourity of India increased the price of HOT Rolled Coils by Rs.1000/- per M.T. on 1.3.07 but again rolled back 500/- per M.T. on 5.3.07.

This might be due to the pressure of the Finance Ministry, which is under cosiderable pressure to curb the inflation which is going around 6.5%

TISCO will announe its move on 6.3.07.

Prices of steel strips will remain unstable in the coming peroiod and again the trend of the International Market will decide the future of the price structure.