Tata Steel hikes HRC price

Tuesday, 09 May 2006 14:44:05 (GMT+3)   |  
India's second largest steelmaker Tata Steel has announced the price rise of hot rolled coil by Rupees 1,000 per metric ton (around $22.26), or 4 percent, to Rupees 26,000 per metric ton (around $578.68) for immediate delivery. The price rise comes few days after other Indian major steel producers such as JSW Steel, Essar and Uttam Galva Steel announced price rise on their products. 1USD = Rupees 44.93

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