No immediate hike in prices: Tata Steel
August 5th, 2011 - 11:55 pm ICT by IANSKolkata, Aug 5 (IANS) Tata Steel Friday ruled out any immediate hike in steel prices though it saw a 9 percent demand growth of the alloy in the coming fiscal.
“The GDP growth will be seven percent and the demand will grow by around 9 percent,” Tata Steel managing director H.M. Nerurkar told media persons here.
He said the steel prices would not go up in the immediate future though there may be some northward or southward movement of Rs.1,000 per tonne for some time.
- Tata Steel's Jamshedpur plant to be modernised - Aug 05, 2011
- Tata Steel expects fall in raw material prices - Nov 12, 2011
- Steel prices will remain stable, says Tata Steel - Jan 22, 2010
- Tata Steel Q4 net slips about 90 percent - May 18, 2012
- Tata Steel posts Rs.6 billion Q3 net loss - Feb 09, 2012
- Tata Steel bags business leadership award - Jan 09, 2012
- Tata Steel not selling African unit: Nerurkar - Sep 08, 2010
- Tata Steel to cut CO2 emissions by 2012 - Dec 21, 2009
- India Inc., NRIs react to Pranab's budget - Feb 28, 2011
- Tata steel to increase Chinese investments by five percent - May 03, 2011
- Budget neutral for steel industry: Tata Steel - Feb 26, 2010
- GDP to grow at 8 percent this fiscal, inflation high till September: FICCI - May 30, 2011
- Tata Steel to build industrial park in Gopalpur on sea - Aug 20, 2010
- Tata Steel rolls out new corporate campaign - Jul 21, 2011
- India's central bank cuts rates to push growth (Lead) - Apr 17, 2012
Tags: alloy, gdp, gdp growth, immediate future, kolkata, managing director, media persons, rs 1, steel prices, tata steel, tonne