Gas Cylinder Price Hike: Steel, Footwear, Dry Fruits Cost More – What Else Will Be Affected?
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Gas Crisis Sparks Price Hikes: Steel, Shoes, Dry Fruits Soar; More to Follow
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News18•15-03-2026, 18:37
Gas Crisis Sparks Price Hikes: Steel, Shoes, Dry Fruits Soar; More to Follow
•Gas shortage in UP, Bihar, Jharkhand, Uttarakhand impacts industries, leading to price surges.
•Steel prices up by ₹2,000-₹2,500/ton; medical equipment & plastics 10-20% costlier due to gas rationing.
•Footwear industry faces closure threats; shoe prices may rise by ₹50-₹200 due to chemical cost hikes.
•Dry fruit prices surge up to 25% as Strait of Hormuz disruption affects supply from Iran.
•Food processing and restaurant menu prices increase; future hikes expected for agriculture, automobiles, and electronics if Iran-Israel conflict continues.
