Steel prices will remain stable, says Tata Steel
January 22nd, 2010 - 5:39 pm ICT by IANS ( Leave a comment )Kolkata, Jan 22 (IANS) Tata Steel managing director H.M. Nerurkar Friday said steel prices will remain stable in the last quarter of January-March this fiscal.
He said the company would review the prices in April-June period.
“We raised prices, both for long and flat products, in December and it is ok for us in the current quarter,” Nerurkar said on the sidelines of signing an agreement for strategic alliance with NMDC Ltd here.
Major steel producers like Tata Steel earlier raised the prices by Rs.1,000-Rs.2,000 per tonne.
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Tags: kolkata, last quarter, managing director, nmdc, rs 1, rs 2, sidelines, steel prices, steel producers, strategic alliance, tata steel
