Rising raw material prices force MSME secondary steelmakers to shut shop - Business News, Finance News, Share Market News - Market trendz

Post Top Ad

Saturday, 31 July 2021

Rising raw material prices force MSME secondary steelmakers to shut shop

“There are around 120 sponge iron, billet ingot manufacturers and rollers in West Bengal that have reduced production by 15-50 % and laid off workers, and about 10 units shut down completely in and around Durgapur, Barjora, Mejia and Asansol,” said Vivek Adukia, Chairman, Steel Rerolling Mills Association of India.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...

Post Bottom Ad