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Steel price cuts to hit profitability: Jindal Steel

Reuters
Posted online: Thursday , May 08, 2008 at 10:35 hrs
Updated On: Thursday , May 08, 2008 at 10:35 hrs


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Jindal Steel and Power Ltd sees profitability hit by a cut in steel prices, its managing director said on Thursday.

"But how much is a matter of calculation," Naveen Jindal said.

Leading Indian steel firms bowed to government pressure to cut prices on Wednesday, pledging 5 to 10 percent reductions.

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Comments
» price list
Posted by Rahul on 2008-09-05 11:26:51.081474+05:30
i would like to know the price list of ISA,ISMC,ISMB

» Application for job
Posted by sagar c. sawwashere on 2008-07-08 19:31:25.34998+05:30
Respected Sir, My self Sagar Sawwashere i am B.E. in electronics pass out in 2008. If any vacancies in your company then please call me. My degree percentage is 65.89%

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