Engineering exports face heat of rising steel prices: EEPC

Rising steel prices deal blow to exporters: EEPC

Engineering exporters body EEPC India on Wednesday said a sharp rise in steel prices in recent months had dealt a crippling impact to exporters. “Exporters are deeply concerned... steel prices have increased from Rs. 35,000 per tonne to Rs. 42,000, in the past six months for a product like Hot Rolled Coil, an essential raw material for the engineering industry,” chairman Mahesh Desai said.