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JSW Steel sees steady domestic steel prices in 2010: Official

JSW Steel sees domestic steel prices steady in 2010 as rising commodity prices will be balanced by rising production, JSW group chief financial officer Seshagiri Rao said.

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JSW Steel sees steady domestic steel prices in 2010: Official
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JSW Steel, India's No. 3 steel maker, sees domestic steel prices steady in 2010 as rising commodity prices will be balanced by rising production, JSW group chief financial officer Seshagiri Rao said on Friday.

"There might be slight upward bias, because of the cost push," Rao said on the sidelines of a conference.

Prices for steel are very unlikely to go down," he added.

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