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SAIL keeps product prices unchanged for April

04 Apr 2014 Evaluate

Steel Authority of India (SAIL), the country’s largest steel maker, has kept its prices for the month of April unchanged amid weak demand and appreciation in the value of the rupee.

The move taken by the company is in line with other leading steel producers, which kept their prices either unchanged or went in for up to Rs 750 per tonne cut.

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.

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