Question : HOT ROLLED COILS



(a) whether the availability of Hot Rolled Coils is restricted in the domestic market due to their higher demand in the International market?

(b) if so, the details thereof;

(c) the steps proposed to be taken by the Steel Authority of India Ltd. to overcome the shortage of HR Coils in the local market;

(d) whether SAIL and other steel companies of private sector have decided to increase the prices of Hot Rolled items ; and

(e) if so, the reasons therefor?

Answer given by the minister

MINISTER OF STATE FOR STEEL (SHRI BRAJA KISHORE TRIPATHY)

(a) No, Sir.

(b) & (c): Do not arise.

(d) & (e): The domestic prices of SAIL`s products at different locations are decided from time to time keeping in view various factors such as prevailing market conditions competition, demand, availability etc.