Producers will be told to compel retailers to stick to the price line
New Delhi, July 1: Concerned over prices of various steel products rising by 10 per cent, steel ministry is going to ask the producers on Thursday to correct market distortions and do some plain-speaking with their retailers to pass on the benefits of the frozen price line to the end-consumers. If the producers fail to hold the line, the ministry will examine ways to control the prices.
