Steel makers hike prices of HRC, CRC by up to Rs 4,500 per tonne
SECTIONS
Last Updated: May 04, 2021, 08:46 PM IST
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After the price revision, a tonne of HRC will cost Rs 67,000 while the buyers will get CRC for Rs 80,000 per tonne.
PTI
Domestic steel makers have hiked the prices of Hot Rolled Coil (HRC) and Cold Rolled Coil (CRC) by Rs 4,000 and Rs 4,500 per tonne, respectively, industry sources said on Tuesday.
After the price revision, a tonne of HRC will cost Rs 67,000 while the buyers will get CRC for Rs 80,000 per tonne.
The price revisions have been made in the last three days, the sources said.
Construction activity to get a boost as government allows vaccination for adults
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The much-awaited announcement was made on Monday evening in the backdrop of India recording a relentless surge of over 200,000 cases of Covid-19 for the past five days. According to industry experts, the move will boost the construction activities and address the issue of reverse migration of labourers to some extent.
The move will boost construction activities as it will help the labourers get vaccinated at the earliest.
Construction activity is set to receive a boost following the government’s decision to allow Covid-19 vaccination for all citizens above the age of 18 years from May 1 as this will push inoculation of labourers as a rapid pace.
Real estate body to focus on consolidation, sector revival
April 07, 2021
To work towards tax-related issues, uniform stamp duty Rebooting itself post the Covid pandemic lockdown, the real estate body CREDAI plans to consolidate and work towards revival of the sector, engage with the government for further rationalisation of the tax regime, secure infrastructure status for real estate.
The apex body of private real estate developers, with a membership base of over 13,000 developers in 21 States and 217 Cities, across India, plans to work towards a more inclusive growth helping small and medium sized developers who face funding issues.
Interacting with media over a Webinar, Harsh Vardhan Patodia, President, CREDAI National, along with other members of the recently elected body, said “Credai would provide free Covid-19 Vaccination for over 2.5 crore construction workers at the sites of member developers across India.”
CREDAI to provide free Covid vaccination to 2 5 crore construction workers indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.