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Wednesday, July 2, 2008

SAIL not to increase steel prices

SAIL not to increase steel pricesSteel Authority of India Limited (SAIL), announced not to increase the product prices in the current month, reports agency sources.

SAIL urged the user industries, other consumers, as well as trading channels to ensure that the price benefit is passed on to the consumers.
Last month the steel major increased supply of steel in the domestic market by approximately 32%. Its sales touched 1.08 million tons.

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