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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 金属板材展-棒材展-线材展-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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金属板材展-棒材展-线材展-金属加工展-2014第十五届广州国际金属板材、棒材、线材及金属加工、配套设备展—全球三大金属展之一巨浪展览- THE 15th GUANGZHOU INTERNATIONAL PLATEMETAL, BAR, WIRE, METAL PROCESSING & SETTING EQUIPMENT EXHIBITION
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