JSW Steel weighs price hike, surcharge as input costs rise

Globally, many companies in Europe and the US have introduced something called a surcharge where the steel prices fluctuate due to energy or scrap prices...this kind of absorption on cost is not easy for any consumer. Therefore, we are contemplating introducing a surcharge," Seshagiri Rao, JSW Steel's joint managing director, told ET.

via Economictimes

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