Steel Insights


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Bid-time story: Iron ore auctions Steel Insights explores how the iron ore mine auctions could kick-start the stagnating mining sector and inject a high dose of transparency in the allocation procedure. However, certain sections of the industry feel this move will lead to cartelisation and wastage. However, only time will tell… The edition also takes a close look at the auto sector, a key user. The sector has hit an excise duty hike bump though India Ratings has revised the outlook from “stable-to-negative” to “stable” for the new fiscal. The spotlight also turns on another user industry – real estate. While Anuj Puri, Chairman & Country Head, JLL India moots some pep pills for realty, the sector wants impetus to affordable housing and tax sops for rental housing. There is an exclusive peak into DIPP’s Budget prescriptions for boosting the foundry industry and a focus on flat products. Also watch out for our regular sections on coking coal prices, ferro alloys and corporates.