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China s iron ore demand poses problem for some Indian steelmakers

Surging steel prices not to affect domestic demand says Tata Steel CEO

Read more about Surging steel prices not to affect domestic demand says Tata Steel CEO on Business Standard. The rising prices of steel which is widely used in sectors like construction, auto, etc will not affect the demand in the domestic market, Tata Steel CEO and Managing Director T V Narendran has said.

Surging steel prices not to affect domestic demand: Tata Steel CEO

Surging steel prices not to affect domestic demand: Tata Steel CEO SECTIONS Last Updated: May 16, 2021, 11:23 AM IST Share Synopsis The CEO further said if one takes a look at the prices of hot rolled coil in the US, it is at USD 1,500/ tonne, in Europe it s close to 1,000 euros per tonne. So, I think the steel users in India have the best available prices in the world. Agencies Tata Steel CEO and Managing Director T V Narendran The rising prices of steel which is widely used in sectors like construction, auto, consumer goods, etc will not affect the demand in the domestic market,

techm share price: Stocks in the news: TechM, ACC, IOB, ICICI Pru Life , Crisil and Maharashtra Bank

Explore Now Nifty futures on the Singapore Exchange traded 8 points, or 0.06 per cent, lower at 14,381 in signs that Dalal Street was headed for a flat start on Tuesday. Here are a few stocks which may buzz the most in today s trade: Tech Mahindra: The IT major said it has acquired DigitalOnUS, a hybrid cloud and DevOps services provider, for $120 million (about Rs 898 crore) to augment hybrid-cloud offerings for enterprise customers globally. ACC: The cement maker reported a 74.17 per cent increase in consolidated net profit to Rs 562.59 crore for the first quarter ended March 2021, helped by an increase in sales and cost efficiency.

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