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Corporate
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Announcements
Uttam Galva Steel cuts prices
Mumbai, May 9
The Mumbai-based Uttam Galva Steels said it has
reduced the prices of galvanised steel products by Rs
4,000 a tonne with immediate effect. The new
Maharashtra base price for galvanised steel coil, inclusive
of all levies, will now be Rs 56,000 a tonne.
The price cut in galvanised steel is due to the drop in prices of HR coil
by the integrated steel producers for the domestic
market. Uttam Galva is a manufacturer-exporter of valueadded
steel products. In the domestic market, the
company is a major supplier to the automobile, white
goods, general engineering and construction industries.
- Our Bureau
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