Mumbai: Uttam Galva Steels, on Monday said it has increased the prices of its products in the spot market and monthly contract by Rs6,000 per tonne.
Uttam Galva Steels is one of India’s leading manufacturer and exporter of value-added steel.
The increase in prices is with effect from 1 April, a press release stated.
The company is also targeting an increase in quarterly contract prices by Rs9,000 per tonne, again, with effect from 1 April the release said.
In the domestic market, the company is a major supplier to the automobile, white goods, general engineering and construction industries.
The company currently exports its products to 142 countries including Australia, France, Germany, Greece, the UK and USA, the release said.