Tata Steel managing director H.M. Nerurkar Friday said steel prices will remain stable in the last quarter of January-March this fiscal. He said the company would review the prices in April-June period.

‘We raised prices, both for long and flat products, in December and it
is ok for us in the current quarter,’ Nerurkar said on the sidelines of
signing an agreement for strategic alliance with NMDC Ltd here.

Major steel producers like Tata Steel earlier raised the prices by Rs.1,000-Rs.2,000 per tonne.

Source: IANS

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