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Indian steel mills seek to raise price in January-THE 15th GUANGZHOU INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
12/26/2013 金屬板材展-棒材展-線材展-platemetal expo,bar expo,wire expo |
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In order to sustain profits, the Indian steel companies such as JSW Steel, Essar Steel, and Mukand Steel plan to increase price by RS 1,500/ton in January, 2014.
It’s learned that the price rise is driven by higher costs of iron ore and freight rate.
The steel market demand in China, the US and Europe steel market is growing which provides some good opportunity.
Market participant is observing whether the Indian mill will raise price successfully since the market demand remains weak.
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金屬板材展-棒材展-線材展-金屬加工展-2014第十五屆廣州國際金屬板材、棒材、線材及金屬加工、配套設備展—全球三大金屬展之一巨浪展覽- THE 15th GUANGZHOU INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
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