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Apr,18,2008 An big Indian steel company Tata Steel plans to increase steel prices |
Indian Tata Steel indicated that it will increase its steel prices because of rising cost of iron ore and coal.
Tata and other steel companies in India are trying to pass these increases to their customers. The Indian government has asked domestic mills to cut steel prices, but many steel producers have already increased the prices.
Tata said the current demand is strong, and it is expected the steel price will be going up along with international steel market.
We have stable trading connection with many Indian clients ,this will also affect China' s imp&exp with India . |
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