Robust rupee may lower steel prices this April

Steel prices are expected to drop marginally in April with the rupee appreciating, the Chinese currency falling and weak international prices creating a downward pull. However, since input prices too have dipped in the past month, margins of top steel companies are not likely to suffer much, according to metal sector analysts. – See more at: http://www.metaljunction.com/news/newsdetail/robust_rupee_may_lower_steel_p#sthash.qMy7R34P.dpuf

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