RedStrib
INDUSTRY
blackline
Mumbai: Domestic steel players are likely to enjoy better profitability in the near term due to improved steel prices in the current year, supported by imposition of minimum import price (MIP) by the government, rating agency Icra said. Post the operationalisation of MIP, domestic hot-rolled coil (HRC) prices have witnessed a sharp increase of about 25 per cent from their lows reached in February 2016, according to Icra's quarterly research update report on the steel industry.
Published 02-Jun-2016 16:08 IST

video playPM to lay foundation stone of Vanijya Bhawan today
PM to lay foundation stone of 'Vanijya Bhawan' today
video playSwaraj Sitharaman to visit US for 1st 2 2 dialogue
Swaraj, Sitharaman to visit US for 1st 2+2 dialogue
video playYoga on the waves of river Ganga
Yoga on the waves of river Ganga
video playBJP a militant organization Mamata
BJP a 'militant organization': Mamata

Bangladesh SC to hear petition challenging Khaleda Zia s bail
video playAlgeria turns off internet to prevent exam cheating
Algeria turns off internet to prevent exam cheating
video playDharmendra Pradhan visits Bio CNG plant in Germany s Stuttgart
Dharmendra Pradhan visits Bio-CNG plant in Germany’s Stuttgart
video playData does not back up visa apprehension in UK
Data does not back up visa apprehension in UK
video playSwaraj Sitharaman to visit US for 1st 2 2 dialogue
Swaraj, Sitharaman to visit US for 1st 2+2 dialogue