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Steel prices will surge further, say producers

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Mansi Kapur Mumbai

Steel majors Tata Steel, Essar Steel, Jindal Iron & Steel (Jisco), Jindal Vijaynagar Steel and Ispat Industries said they expected domestic steel prices to soar in the coming months as global prices were likely to firm up through the next quarter.

The government, however, said there would be no tinkering with the import duty on steel products before the next Budget.

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First Published: Sep 23 2003 | 12:00 AM IST

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