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Steel makers to cut prices by 10 per cent

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  • Voicing the concern of the primary steelmakers, JSW managing director Sajjan Jindal said steel companies would not only publicise their prices but also consider reviewing the MRP arrangements wherein retailers would not be able to sell beyond the prescribed price.

    Chairman of state-run SAIL Sushil Kumar Roongta said his company would routinely monitor the dealers to ensure that they maintain fair play.

    Rs 55,000The highest prices per tonne have touched

    Rs 48,000 Price per tonne after reduction by producers

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