Tata Steel Managing Director, Mr H.M. Nerurkar. (file photo)
Mr H.M. Nerurkar, Managing Director, Tata Steel Ltd, has said that there might not be any immediate hike in steel prices.
European demand has been sluggish, he told newspersons on the sidelines of a business seminar organised by the Confederation of Indian Industry here today.
Prices of raw materials like iron ore and coking coal are also likely to come down soon, he added.
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Published on November 12, 2011
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