Prices and Profit in Public Sector Steel Industry-A Case Study

A Case Study Ramprasad Sengupta The purpose of this paper is twofold. First, we want to examine the rationality of the government's steel price policy with reference to the profitability of the Indian public sector steel industry. Secondly, we would like to show how the past performance of a plant can be analysed to separate the effects of prices from the effects of inefficiency on the financial results, at the micro-plant level of the public sector steel economy.