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JSW Steel to revise prices for select products

JSW Steel to revise prices for select products

India Blooms News Service | | 01 Apr 2014, 09:39 pm
Mumbai, Apr 1 (IBNS): JSW Steel, the country’s leading steel producer with an installed capacity of 14.3 mtpa on Tuesday announced the revision of prices for its two steel products– Hot Rolled Coil (HRC) and Wire rod, effective from Apr 1.


Jayant Acharya, Director-commercial and marketing, JSW Steel said, “Considering the international steel prices and the appreciation of the Indian rupee, the company has adjusted domestic prices downward to align it with the landed cost of import. The domestic demand has seen an improvement in the last quarter and we are optimistic that steel consumption will rise in the current fiscal by around 5-6% in line with the projected GDP growth of the country.”
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