Indian steel prices represent escalating trend in 2014 based on soaring prices by JSW Steel. A few days ago, JSW Steel decided to surge its steel prices by around US$16/ton for January, 2014.
Afterwards, other large-size steel mills in India such as SAIL, Tata Steel, Essar Steel and Jindal Steel also announce that they will increase their prices followed by JSW Steel in 2014.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=67929&division=A9
