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arun bj Says:
September 24th, 2010
Posted at: 8:53 am
hi cb ..
After a 3-4% steel price hike in the month of September, a fresh round of price hike is in the offing, reports CNBC-TV18’s Swati Khandelwal Jain quoting sources.
It is learnt that steel companies will review steel prices in October. Sources add that steel could be expensive by around Rs 1000 per tonne as steel companies see room for another 5-6% hike.
Some of the steel companies likeJSW Steel,Tata Steel, Ispat Industries and Essar Steel have already increased price of flat steel by Rs 750-1,500 per tonne in September too.
Excerpts from Power Breakfast on CNBC-TV18 Watch the full show »
However, domestic steel price is cheaper than the imported ones. Flat steel prices in domestic market is currently at Rs 38,000 per tonne and long steel price is in the range between Rs 30,000-32,000 per tonne. In the international front, steel price have moved up 10-15% in last few months.
CB, replies: Hi arun bj, thats positive for steel companies..
kanmani Says:
September 24th, 2010
Posted at: 8:54 am
thanks cb..found in chart nexus bought chenko span A and spab B is denoted by blue colour..how to find which line denotes span A and span B..
CB, replies: Hi kanmani, hmm. ill check it out and update you
CB Says:
September 24th, 2010
Posted at: 8:55 am
Hi arun bj, thats positive for steel companies..
mythreyi Says:
September 24th, 2010
Posted at: 8:55 am
good morn! whats ur view on lupin today..am holding at 388..thanxs
CB, replies: Hi mythreyi, Good morning. can see 405
deepa11 Says:
September 24th, 2010
Posted at: 8:57 am
hi cb, grauer weil short term tgt? can i enter @ cmp..
CB, replies: Hi deepa11, can see 98. dont make a fresh entry yet
USHA Says:
September 24th, 2010
Posted at: 8:57 am
Morning CB,
Is the market expected to fall till 5900 and 5880 today. What should i do with my longs in Petronet. Quiet nervous. Please advice
CB, replies: Hi USHA, seems may remain a bit flat today
Deepa Says:
September 24th, 2010
Posted at: 8:58 am
sir, your view on Satyamcomp today?
CB, replies: Hi Deepa, can see 110
ronsal Says:
September 24th, 2010
Posted at: 8:58 am
can v short or long in nifty?
CB, replies: Hi ronsal, short below 5930
kanmani Says:
September 24th, 2010
Posted at: 8:59 am
ok cb..thanks for ur efforts..
CB, replies: Hi kanmani, most welcome. dont enter ster yet
NATTU BHAI Says:
September 24th, 2010
Posted at: 9:01 am
what level can itc fut bought?
CB, replies: Hi NATTU BHAI, 86
kanmani Says:
September 24th, 2010
Posted at: 9:01 am
hi cb can i buy sterilite industries today?
CB, replies: Hi kanmani, most welcome. dont enter ster yet
ronsal Says:
September 24th, 2010
Posted at: 9:01 am
where do u see closing nd opening
CB, replies: Hi ronsal, no, not sure of closing yet.
mathangi Says:
September 24th, 2010
Posted at: 9:02 am
Hi CB.can i exit from balramchin bought at 89 and again buy at dips?
CB, replies: Hi mathangi, hold it.