Indian steel makers agree to lower prices by 5-10 percent to fight inflation In a bid to fight inflation which has touched a three and a half years high, steel makers in India have announced that they would be cutting prices for flat steel products by Rs.4,000/tonne while steel bars and rods used in construction will be cheaper by Rs.2,000/tonne. 08 May 2008
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Mittal not in hurry for takeovers in India Billionaire steel king, L.N. Mittal, has indicated that he is keen on acquiring steel companies in India, but hinted that he is in no hurry to do so. 22 Jul 2006
