Domestic HRC prices rose by Rs150/te on an average in the week ended 12th Jul’23, the first rise in past 15 weeks on the back of reduced import pressures and roll-over of prices by major steel producers.
In FY23, the aggregate wage bill of the listed private corporate space expanded by a robust 17% to reach Rs11.5trn driven by NBFC, private bank, IT, consumer discretionary, industrial and auto sectors.