JSW Steel Decides Not to Hike Steel Export Prices to Europe
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Update time : 2022-06-01 21:46:22
SW Steel announced that it will maintain steel export prices to its European customers. The company will not pass on the additional costs, on account of hiked export duties, to its customers in the Europe region.
Seshagiri Rao, Joint Managing Director and the Group Financial Head of SW Steel said that the European steel buyers anticipate accelerated steel shipments from India, especially due to slowdown in supplies from China. The sudden stoppage of exports would hamper its business in future. The exports
would continue, without the extra costs being passed on to them, he clarified.
