Press Information Bureau
Government of India
Ministry of Steel
26-April-2012 15:56 IST
Increase in Price of Steel



The Minister of Steel, Shri Beni Prasad Verma has said that the prices of steel items in the domestic market have been fluctuating in accordance with the market conditions such as demand supply scenario, movement in international steel market  prices, cost of raw material and other input costs.  A table indicating monthly price movement in respect of representative category of steel items in market  during the period  April, 2011 to March, 2012 is annexed at Annexure-I.


In a written reply in the Rajya Sabha today Shri Verma said, during the period April, 2011 to March, 2012, prices of steel items have shown fluctuations in major markets across the world.   Tables indicating the average prices of Hot Rolled Coils (HRC) and Rebar in some key global markets in April, 2011 and March, 2012 are annexed at Annexure-II-A and Annexure-II-B respectively.





Click here to see Annexure