Steel Authority of India (SAIL) is currently trading at Rs. 47.95, up by 1.15 points or 2.46% from its previous closing of Rs. 46.80 on the BSE. The scrip opened at Rs. 47.40 and has touched a high and low of Rs. 48.20 and Rs. 47.40 respectively. So far 376861 shares were traded on the counter.
JSW Steel is currently trading at Rs. 1729.00, up by 22.80 points or 1.34% from its previous closing of Rs. 1706.20 on the BSE. The scrip opened at Rs. 1716.20 and has touched a high and low of Rs. 1734.50 and Rs. 1716.20 respectively. So far 21282 shares were traded on the counter.
Tata Steel is currently trading at Rs. 379.60, up by 5.55 points or 1.48% from its previous closing of Rs. 374.05 on the BSE. The scrip opened at Rs. 378.40 and has touched a high and low of Rs. 381.90 and Rs. 377.50 respectively. So far 512666 shares were traded on the counter.
The government has decided to extend the Minimum Import Price (MIP) regime on 66 items for a period of two months. Following this, the MIP regime introduced for a six-month period in February 2016 and was due to end on August 5, will now be applicable on these items till October 4, 2016. It will apply to steel items like billets, bars, wire rods, and coated steel.
