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16 Aug
10:25

Tata Steel suggests steel pricing index for India

Tata Steel has suggested the implementation of a steel pricing index in India to assuage concerns around steel pricing and allegations of industry cartelisation in the nation, Kallanish notes. Index-based pricing would promote transparency and ease pressure on both the user as well as steel companies, the steelmaker points out. “We can find a way to index steel prices and follow it both ways when prices go up and down. I say this from my experience in NatSt…
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