India’s steel majors seeking govt intervention to control raw materials prices | Commodities Corner


India’s Steel Majors Are Seeking Govt Intervention To Control Raw Materials Prices. Mills has flagged points within the worth discovery means of coking coal by worldwide gamers and has reportedly requested the federal government to push for a “more realistic” worth discovery mechanism. Steel makers, via the Indian Steel Association (ISA) – which incorporates AM/NS India, JSW, Tata Steel, Jindal Steel & Power and PSUs like SAIL and RINL – have known as for intervention and motion throughout two key worth indexes, particularly Platts and Argus Indexation which “remain subjective” in figuring out coking coal worth. Catch Manisha Gupta in dialog with Dhruv Goel, CEO, Big Mint