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Coimbatore: Around 400 foundries remained closed for the second day on Thursday to protest the steep rise in prices of raw materials. Foundry owners demanded the Union government to take steps to control the increase in steel prices and requested to constitute a committee to monitor the price hike. The protesting foundries are members of the Coimbatore Tiny and Small Foundry Owners Association. They are mainly located at Arasur, Manickampalayam, Peelamedu, Irugur and Keeranatham in the district. It is to be noted that pump makers, wet grinder makers, and automobile and textile industries are dependent on foundries, which make metal castings. These units need steel, the price of which has shot up by 30% since November. The units started indefinite strike on Wednesday, demanding the Centre to impose ban on steel export and reduce steel price. ....