The Association of Indian Forging Industry (AIFI) has demanded the government to impose ban on the exports of steel and iron ore. Forging steel manufacturers have hiked the price by 10 per cent over the last six months, and have now sought a further 15 per cent increase.

The initial increase itself was all but impossible to sustain, the further increase will prove to be disastrous. Th e price increases are due to the increase in exports to neighbouring countries, according to AIFI