shutdowns were fewer various construction projects opened up after the monsoon season and all put together we see a demand pickup thus we have decided to increase prices by around 4 for both flat and long productsthe sectors profitability should improve marginally on lower iron ore prices after normal operations resumed at brazilian miner vale said ajay kedia director at kedia advisory but steel output may trail demand likely pushing prices northward the market does not see vale capacity to return as quickly as anticipated which could keep the seaborne market tighter than expected and prices can see recovery again to the extent of 3450035000 per tonne that we saw in march 2019 he said read alsojsw steel expects to be a 50millionton company by 2030 seshagiri raosteel sector showing signs of revival rinl head by madhvi sally jwalit vyas bhavya dilipkumar et bureau published on jan 3 2020 at 0813 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul language defamatory inciting hatred against a certain community out of context spam others report join the community of 2m industry professionals subscribe to our newsletter to get latest insights analysis download etauto app get realtime updates save your favourite articles scan to download app steel industry raw materials jindal steel indian economy tata steel homenewsindustrysteel prices may rise 10 on likely uptick in auto infra