Steel companies may hike prices after the three-month freeze ending August 7, since the government is not in favour of interfering in steel pricing. The industry had agreed to hold prices for three month after a price cut of Rs 4,000 a tonne, following a meeting with Prime Minister Manmohan Singh on May 7.
Links:
[1] http://admin.indiaenvironmentportal.org.in/news/steel-firms-may-raise-prices-august
[2] http://admin.indiaenvironmentportal.org.in/category/newspaper/business-standard-new-delhi
[3] http://admin.indiaenvironmentportal.org.in/category/thesaurus/iron-and-steel-industry
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/economy