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Tata Steel Chief Says Local Prices To Stabilise

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Our Bureau BUSINESS STANDARD

Tata Steel managing director B Muthuraman has said that steel prices in the domestic market would stabilise in the coming months despite a record surge in the consumption during the first four months of the current fiscal year.

In an interaction with media persons, Muthuraman said that the steel consumption in the country had increased by nearly 50 per cent in the first four months of the current fiscal, when compared to the corresponding period last year.

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First Published: Sep 11 2003 | 12:00 AM IST

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