Prices Of Important Steel Producing Raw Materials Are Anticipated To Soften In The Short Term

Prices Of Important Steel Producing Raw Materials Are Anticipated To Soften In The Short TermState run Steel Authority of India nowadays mentioned prices of important steel producing raw materials such as coking coal as well as iron ore are anticipated to soften in the short term because of the devastation triggered by the tsunami in Japan.

“The need for coking coal is going to be about 10 million tonnes much less monthly because of effect of tsunami on Japan. So there’ll be a few influence on prices. It requires to be contained and should decreased,” SAIL Chairman, Mr Verma mentioned here on the side lines of a steel conference.

Be Sociable, Share!
Tags: , , , ,

Stock Market Basics For Beginners

4 Blunders To Avoid While Stock Markets Fall

4 Blunders To Avoid While Stock Markets Fall The current outlook on the market seems utmost pessimistic on concerns of High crude oil prices, inflation, high interest hurting corporate earnings etc. Analyst on ...…

Secondary Market?

Secondary Market? Secondary Markets refers to a market where securities are traded after being initially offered to the public (IPO) in the primary market, Secondary market comprises ...…

American Depositary Receipt

American Depositary Receipt American Depositary Receipt (ADR) is known as a negotiable certificate  issued by an american bank stating that a number of stocks in the overseas firm ...…

Online Stock Trading Guide

Online Stock Trading Guide Online stock trading is becoming very popular in the current time when you only requirea trading account and following that you could buy and sell ...…

Short Term Share Trading

Short Term Share Trading Short term share trading means purchasing stocks and holding them for several time period is called Short term share trading. Short term trading involves buying ...…

Indian Share Tips

NSE Investment Site

Market Update

Share Guide

Designed by VMV
web
analytics