Thursday 2 January 2014

SAIL moves up on raising prices of flat products by Rs 500-1000/tn

Steel Authority of India (SAIL), the country’s largest steel producer has raised prices of flat products by Rs 500-1000 per tonne with effect from January 1, 2014. The company has also increased prices of its long products by Rs 500-1000 per tonne effective Jan 1.

Earlier in December 2013, the company had hiked prices of some long products 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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