Increase in Prices of Steel
The Minister of State in the Ministry of Steel, Shri A. Sai Prathap has said that Steel is a deregulated sector and each steel producer decides on the market price of its own product depending upon various factors such as, cost of input materials, movement of steel price in the international market and domestic supply demand scenario. In a written reply in the Lok Sabha today he said, no proposal need to be submitted by steel producers to the Ministry of Steel for any change in their product price.
The Minister of State in the Ministry of Steel, Shri A. Sai Prathap has said that Steel is a deregulated sector and each steel producer decides on the market price of its own product depending upon various factors such as, cost of input materials, movement of steel price in the international market and domestic supply demand scenario. In a written reply in the Lok Sabha today he said, no proposal need to be submitted by steel producers to the Ministry of Steel for any change in their product price.
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