Indian government is warned regarding steel prices

Monday, 29 March 2004 09:36:41 (GMT+3)   |  
       

Indian government is warned regarding steel prices

Recent news in the market reports that, Indian government led by Bharatiya Janata Party (BJP) is warned to take certain measures to control rising steel and pig iron prices. Moreover, unless the Indian government takes the warning into consideration, it is rumored that BJP will lose vote in the coming elections. As a response to this warning, the government announced that they warned steel producers to bring down their prices by latest March 30, 2004.

Tags: Pig Iron Raw Mat 

Similar articles

Ukraine’s Zaporizhstal completes first stage of BF No. 3 overhaul

29 Mar | Steel News

Ex-Brazil BPI exporters achieve slight rise in latest deals to US amid better scrap sentiment

28 Mar | Scrap & Raw Materials

Japanese crude steel output down 3.8 percent in February from January

27 Mar | Steel News

Price gap between low and high-phosphorus Brazilian BPI narrows in last deals

25 Mar | Scrap & Raw Materials

German crude steel output increases by 4.6 percent in January-February

25 Mar | Steel News

Ukraine’s ArcelorMittal Kryvyi Rih posts lower pig iron output due to Russia’s attacks on energy infrastructure

21 Mar | Steel News

Buyers from Turkey and Italy seek lower ex-Russia BPI prices even though scrap lacks direction

20 Mar | Scrap & Raw Materials

Turkey’s pig iron imports up 5.0 percent in January

20 Mar | Steel News

China’s crude steel output up 1.6% in Jan-Feb despite unexpectedly weak post-holiday demand

18 Mar | Steel News

Ex-Brazil BPI market at standstill due to high prices for buyers, ex-Russia sellers under strong pressure

15 Mar | Scrap & Raw Materials