JSW Steel increases galvanised steel prices

JSW Steel Ltd has announced a price increase of Rs 500/- to Rs 750/- pmt for Hot Dipped Galvanised Products with retrospective effect from September 01, 2006. This price revision primarily accounts for the steep increase of the Zinc prices, a key input raw material for galvanising, which has increased by almost 10% over last couple of days putting pressure on the bottomline.

Source : Equity Bulls

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