Date:04/11/2008 URL: http://www.thehindu.com/2008/11/04/stories/2008110456411600.htm

Business

RINL cuts steel prices by up to Rs. 8,500 a tonne

Rashtriya Ispat Nigam on Monday cut prices of its steel products by up to Rs. 8,500 a tonne to liquidate its current stock which had been piling up due to slackening demand in world markets, PTI reports.