1.0CostMastershttps://www.costmasters.in/blogArticle Adminhttps://www.costmasters.in/blog/author/costmasadmin/rich600338<blockquote class="wp-embedded-content" data-secret="Nr2JNp4jbG"><a href="https://www.costmasters.in/blog/recent-increase-in-steel-prices/">Recent increase in Steel prices</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.costmasters.in/blog/recent-increase-in-steel-prices/embed/#?secret=Nr2JNp4jbG" width="600" height="338" title="“Recent increase in Steel prices” — CostMasters" data-secret="Nr2JNp4jbG" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script type="text/javascript"> /* <![CDATA[ */ /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); //# sourceURL=https://www.costmasters.in/blog/wp-includes/js/wp-embed.min.js /* ]]> */ </script> CostMasters opinion: In near term Steel Prices may further increase due to input materials cost increase , increased demand and reduce production world over. Prices will stabilize and reduce in medium to long term. PLI announced by GOI will prompt Steel mills to increase production. Geopolitical situation is expected to stabilize.https://costmasters.in/blog/wp-content/uploads/2022/04/Steel-news1-1024x575.png