September 14, 2012: Rashtriya Ispat Nigam Ltd (RINL) has kept its product prices unchanged in September 2012 as against August 2012.
Industry sources said the lack of demand led to the company deciding to keep prices unchanged in the current month.
However, demand for long products are likely to increase with the end of monsoons in October, sources said.
In July 2012, RINL raised round 20.64 mm prices by Rs 1200/ton and in June 2012 it raised wire rod prices by Rs 500/ton.
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