JSW Steel weighs price hike, surcharge as input costs rise
![](https://img.etimg.com/thumb/msid-87247331,width-1070,height-580,imgsize-83498,overlay-etmarkets/photo.jpg)
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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