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Post Tagged with: "input prices"

Steel turns twice as dearer

Domestic flat steel prices are reported to have nearly doubled to Rs.72,000 per tonne in June from Rs.38,000 per tonne a year ago. In comparison, long steel prices rose 1.4 times to Rs.57,900 per tonne. The price rally is expected to benefit through the first half of this fiscal year with flat steel prices up 70 per cent since April.[Read More…]

by — July 6, 2021 — Newscast
OEMs pass on input price hikes

OEMs pass on input price hikes

Raw material prices including prices of precious metals spiralled northwards. To deal with the rising input costs, Original Equipment Manufacturers (OEM) have had to pass on the price hike on more than one occasion to end consumers. For instance, Tata Motors announced an average price hike of 1.8 per cent on its passenger vehicle range across models and variants effective[Read More…]

by — June 4, 2021 — Newscast