Machine Industries — domestic steel industry

Profiteering or Profitability? What domestic steel industry wants from price hike A variety of responses and feedback from end-using sectors, policy planners, industry associations are filling up the pages. Steel production through BF-BOF route uses iron ore of 1.65 tonne and coking coal of around 750 kg per tonne of steel. Steel pricing continues to occupy a centrepiece in the media for the last few weeks. A variety of responses and feedback from end-using sectors, policy planners, industry associations are filling up the pages. It is difficult to take a dispassionate view on the issue from the producers’ or users’ points...