The news story you are looking for has expired. A more recent related article is displayed below.

Sponsored Links

Tata Steel cuts steel prices by up to Rs 1,500 a tonne

New Delhi, Aug 11, 2009 (Asia Pulse Data Source via COMTEX) --

Company: Tata Steel Ltd (TATLY)

Tata Steel on Monday said it has reduced prices of some of its products primarily consumed by the construction sector by up to Rs 1,500 per tonne in view of the prevailing market scenario.

"We have reduced prices of long steel products by Rs 1,000-1,500 a tonne in line with the current market trend," Tata Steel Spokesperson told PTI over phone.

The price revision has been implemented with an immediate effect, he added.

Earlier this week, Tata Steel Vice-President (Safety and Long products) Hridayeshwar Jha had said that there was scope for a "correction in prices of the long steel products depending on market conditions and the monsoon season." Leading domestic steel producers including SAIL, JSW Steel have already announced a reduction in prices of the long steel products by up to Rs 2,000 per tonne effective August 1.

Copyright (C) 2009 Asia Pulse Data Source. All rights reserved

News Provided by COMTEX

Company: Tata Steel Ltd (TATLY)


Related terms: market, prices, products, steel

Related Articles

TATA STEEL CUTS PRICES BY UP TO US$32 A TONNE; FOLLOWS PEERS - Zibb.com
Nov 5, 2009
...products by up to Rs 1,500...of our flat steel products. It is in...have done," Tata Steel Managing Director...of our flat steel products in select and...the range of Rs 30,000...have not reduced prices of long products...

Boston Acoustics Adds Reflection Series
Nov 3, 2009
...flagship-series technologies to lower price points. The RS 334 The RS 334 floor-standing speaker at $699 (street price...speakers, all with 1-inch tweeter. They include the RS 230 compact speaker with 3.5-inch woofer at $249...

Tata Steel to Begin Construction of 6 Million Ton Orissa Steel Plant by Yearend - FandMmag.com
Oct 17, 2009
...Print This Story Print Article Tata Steel to Begin Construction of 6 Million Ton...steel plant project, to be developed by Tata Steel Limited (Jamshedpur, Jharkhand) in...by December this year. In 2004, Tata Steel signed a memorandum of understanding...

Shooting death at Orlando engineering firm
Nov 7, 2009
...engineering firm A former employee of RS & H , which specilizies in infrastructure...40-yr old Jason Rodriquez, fired from RS&H two years ago, returned on Friday...there for one year. Rodriquez claimed that RS&H made it difficult for him to obtain...