Profit

Steel prices likely to reduce

PUBLISHED ON: July 3, 2008 | Duration: 2 min, 42 sec

  
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The government has once again threatened to put restrictions that would help cap prices of steel. This would put a full stop to growing speculation in the commodity. After a meeting with producers, secretary RS Pandey said steel makers have agreed to cut hot rolled coil exports and prices could come down next week.
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