Visakhapatnam Steel Plant (VSP), a leading manufacturer of international quality flat products in the country, has once again hiked its products prices by Rs 400-500 per tonne from August 1 along with the other steel majors.
This is the fifth time to increase the steel prices by VSP during the current financial year.
From April to August, VSP has increased the steel prices by Rs 2000-2500 per tonne.
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VSP is producing mainly rebars (8 mm to 42 mm), wire rods, billets, channel, angels, rounds, squares and other long products.