JSW increases prices

JSW Steel Ltd. said today that it raised prices of hot rolled coils and galvanized steel Rupees 2,000-3,500/mt (around $45-78/mt) due to the rising global prices. M.V.S. Seshagiri Rao, Finance Director, said “We believe that the markets will be able to absorb the increase, since the both internationally and the domestic market demand increased”.