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Steel firms hike prices by 3-4 per cent
Thursday, January 03, 2008 www.hindustantimes.com
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Business
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Three of India’s top steel makers hiked prices on Wednesday due to high input costs and increasing international prices. The 3-4 per cent increase is unlikely to have a major impact on user industries such as construction, capital goods and automobiles. While construction companies have already hedged steel prices to nullify the anticipated hike, auto firms have already announced price hikes.Tata
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