JSW to raise steel prices by 2-3 percent , cuts spot sales

Jayant Acharya, director (sales and marketing), JSW Steel, said: “The price increase for long-term contracts are under various stages of discussions with customers. Our monthly prices have risen by three-four per cent in October. The quarterly prices, depending on the product, segment, will be finalised soon. I would not like to comment on how much it would go up but the indication is of three-four per cent."

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