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SumanSpeaks Independent Capital Markets & Macroeconomic Intelligence  |  Estd 2006  |  Consumer Intelligence The Great Telecom Vanishing Act: How Jio Hides Its Cheapest Plan — And How to Find It ₹189 for 28 days, unlimited calls, 2 GB data — fully alive, completely buried. This is not a bug. It is a feature. 1 The Conjuring Trick You Pay For Every Month There is a peculiar kind of magic in modern Indian telecom. Open Google Pay or Paytm, navigate to the mobile recharge section, and the ₹189 Jio plan — a perfectly functional, officially listed product — has seemingly ceased to exist. It is gone. Vanished. Like your childhood money kept "safe" by a relative. Rest assured: the plan has not been discontinued. It has merely been — how shall we put this diplomatically — strategically ambushed. The moment you select ₹189 on the MyJio app, Jio does not quietly...
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Flat steel prices shows sparks of revival in China
 29 Feb, 2012
Day 2 of week 9 was eventful with a sudden burst of activity in the flat product market. There was all round improvement in price more as an attempt by the mills and trading circles to push for price hike and test its acceptability.
The steel stocks even though at a high level in Chinese domestic market with very faint reduction after the Lunar Holidays. However mills have been flaunting their intention by hiking the prices by CNY 100-200 per tonne for March. An uncanny confidence is based on an anticipated hike in demand as the spring unfolds.
Although none of the players are affirmative about this turn of fortunes given the misery over the last 6 months wherein market movements have defied all logic of demand.
However a recent reduction in CRR by the PBOC on 18th February some positivism was on the cards.
It would be of avid interest whether the coercive tantrums of the mills and traders will sustain or at least give a direction to the market.
Source: Steeelprices-china.com

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