Steel Authority of India (SAIL), the country’s largest steel producer, has hiked flat product price by average Rs 1250 tonne. It has also upped the long product price by Rs 500 per tonne. Back in the previous month also the company increased steel prices by Rs 1000-1500 per tonne on account of higher input cost mainly coking coal.
SAIL is India's largest steel producing company. With a turnover of Rs 49,350 crore, the company is among the five Maharatnas of the country's Central Public Sector Enterprises. SAIL has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
