Prolonged US attacks on Iran have pushed up the cost of all imported raw material including coking coal alongside shipping cost Steel companies are gearing up for substantial increase in prices with the recent spike in key raw material and logistics costs on the back of the ongoing war in West Asia. Though steel companies have increased prices of late to offset iron ore and energy cost, the prolonged US attacks on Iran have pushed up the cost of all imported raw material including coking coal, a...
Steel companies gear up for further hike in prices
Sourced from Hindu Business Line
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