Wednesday, 4 December 2013

SAIL hikes prices of some long products by Rs 500 per tonne

Steel Authority of India (SAIL), the country’s largest steel producer, has hiked prices of some long products by Rs 500 per tonne for December. Back in October this year, the company hiked flat product price by average Rs 1250 tonne. It also upped the long product price by Rs 500 per tonne.

SAIL is India's largest steel producing company. With a turnover of Rs 49,350 crore, the company is among the five Maharatnas of the country's Central Public Sector Enterprises. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.

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