Wednesday, 4 September 2013

Jindal Steel increases price of steel plates by about Rs 2,500 per tonne

Jindal Steel and Power (JSPL) has raised the price of steel plates by about Rs 2,500 per tonne. The company also increased prices of wire rod and rebars by about Rs 2,000 and Rs 1,500 per tonne respectively. The company has raised the same due to sharp fall in Indian rupee against the US dollar in past two months.

JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.

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