Rise in Prices of Steel

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Rise in Prices of Steel - News and Press Release Dated:- 17-5-2012 - News - Press Information Bureau Government of India Ministry of Steel 17-May-2012 16:04 IST The Minister of Steel, Shri Beni Prasad Verma has said that the prices of steel items in the domestic market have been fluctuating in accordance with the market conditions such as demand supply scenario, trend of interna .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... tional steel prices, cost of raw materials and other inputs. A table indicating monthly price movement in respect of representative category of steel items including those used for building purposes in retail market in four main regions Kolkata, Delhi, Chennai and Mumbai during the last three years (2009-10, 2010-11 and 2011-12) is annexed at Annexure I to III. In a written reply in the Raj .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ya Sabha today Shri Verma said, Steel is a deregulated sector. Accordingly, prices of various steel items are decided by the individual producers based on market conditions including demand supply scenario, trend of international steel prices, cost of raw materials and other inputs, etc. Government has no direct role in fixation of steel prices. However, Government intervenes through fiscal mea .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sures, as and when need arises, to maintain steady supply position in the domestic market and to boost steel production in the country. Click here to see details **** NSK/DB - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X