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Primary producers to hold steel prices till July: Stl Secy

Published on Wed, Jul 02 at 13:01 , Updated at Wed, Jul 02 at 13:16
Source : CNBC-TV18

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The Steel Secretary has announced that primary producers will hold prices of steel until July, reports CNBC-TV18. Steel prices have been lower in India than international markets since February, he said.

The difference between international and domestic prices will be at Rs 10,000 per ton after companies hold the price. Price of steel at the retail level has been up 10-15% in June, the Steel Secretary said.

He will meet primary and secondary steel producers on July 3 to discuss price rise.

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