JSW Steel Ltd.

BSE: 500228 | NSE: JSWSTEEL
Large Cap | Steel & Iron Products
1237.70
-7.85 (-0.63%)
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JSW Steel opt flexible pricing policy for long products: Report

Date: 11-04-2015

JSW Steel has reportedly opted flexible pricing policy for its long products used largely in real estate and infrastructure projects from the current practice of fixing it on monthly basis. The company is now willing to change long product prices on a daily basis against the industry practice of fixing it on a monthly or fortnightly basis.

JSW Steel is part of the JSW group which, in turn, is a part of the O P Jindal group. JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.