Tata Steel Ltd., JSW Steel Ltd. and Steel Authority of India Ltd. will be in focus on Tuesday after major steel manufacturers have raised their prices for August sale, according to channel checks. Domestic HRC prices have risen 2% week-over-week to Rs 50,250/tonne. This hike in prices was supported by improved global market sentiments. The Alloy Steel Producers Association of India, which includes leading players Tata Steel and JSW Steel filed the petition last month, Anil Dhawan, the director general of the industry body, told PTI. Nepal is one of the top three steel exporters to India, with the country's share in India's finished steel imports in the first quarter standing at approximately 15.93%. (Sources: Internet)
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