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Vivin Fernandes
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Govt wants steel cos to curb profiteering
Apr 26, 2008 at 10:22 | Source:
CNBC-TV18
Steel producers are not just passing on costs, they are making huge profits says Steel Secretary R S Pandey. With fat profit margins, he thinks, they can absorb some the increases in raw material costs till the current inflationary situation passes over.
Govt wants steel cos to curb profiteering
Apr 26, 2008 at 10:22 | Source:
CNBC-TV18
Steel producers are not just passing on costs, they are making huge profits says Steel Secretary R S Pandey. With fat profit margins, he thinks, they can absorb some the increases in raw material costs till the current inflationary situation passes over.
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