Nitin Gadkari: Drew PM attention to 55% hike in steel prices | India Business News – Times of India

Nitin Gadkari: Drew PM attention to 55% hike in steel prices | India Business News - Times of India

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NEW DELHI: Union minister Nitin Gadkari on Thursday said he had drawn Prime Minister Narendra Modi’s attention towards 55% hike in steel prices during the past six months, which has affected viability of projects.
Addressing a web conference of industry body, Assacham, he said if the players failed to curb the practice, the government will have to change policies and encourage alternative technologies.
“There has been a 55% hike in steel prices in the past six months. I have written to PM and Union minister for steel, Dharmendra Pradhan for a decision on this,” he said.

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