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Moneycontrol India :: News :: Int steel prc can go upto USD 1000; JSW Steel mgmt :: Hindustan Zinc :: Market Edge :: HIND.ZINC,Gujarat NRE C,SESA GOA LTD,ISPAT INDUST,MAHARASH SEA,JINDAL SAW
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Int steel prc can go upto USD 1000; JSW Steel mgmt
2008-04-08 15:57:53 Source : moneycontrol.com
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Coke price have seen a sharp in past few month which has led to rise in steel prices. According to  Gujarat NRE Coke management hard coking coal prices settling at International USD 150-160 in 2009. JSW Steel management is of view that it is difficult to hold domestic prices as international steel prices at USD 1000. Commerce minister Kamal Nath says Inflation check steps to focus on steel.

Hindustan Zinc was up 4% in today’s trade followed by Sterlite Industries, Gujarat NRE Coke etc.

SAIL, TATA Steel, Jindal Steel were among the biggest looser in metal space loosing around 4% to 6% in today’s space. They were followed by NALCO, Jindal SAW, Jindal Steel which were down about 2% to 3% in today’s trade

Scrip Name

Last Traded Price

Change (%)

HIND.ZINC

534.25

3.88

STERLITE IN

776.9

1.92

Gujarat NRE C

164.4

1.39

JINDAL STAIN

139.4

1.23

SESA GOA LTD

2863.15

1.19

Bhushan Steel

664

0.28

ISPAT INDUST

28.55

0.18

HINDALCO IN

171.2

-1.01

MAHARASH SEA

289.25

-1.41

WELSP GUJ SR

376.1

-1.51

JINDAL SAW

600

-2.31

JSW SL

739.85

-2.71

NALCO

434.35

-3.12

SH.PRECOATED

178

-3.34

TATA STL

655.15

-3.56

JINDAL STEEL

1820

-4.11

SAIL

157.7

-6.05

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