Sail still committed to holding price line

The steel giant also urged the user industries and trading channels to ensure that the price benefit was passed on to the ultimate consumers.     

Sail said it has been continuously striving to make enough steel available in domestic market.     

"In June, Sail increased supply in the domestic market by approximately 32 per cent with sales touching 1.08 million tonnes," a statement from Sail said.     

It added that during April-June quarter, Sail supplied almost 9 per cent more steel in the domestic market as compared to the corresponding period last year.