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Budget 2015: Will it re-ignite the growth engine
Steel Insights Cover Story delves into the Budget expectations; actual proposals and their short-term impact on the steel industry, categories and key consuming sectors; impact on steel imports and metallurgical coke; factors likely to give a push to steel demand this fiscal; and industry reactions.
The edition also takes a detailed view of the long-term impact of two key steel- consuming sectors – real estate and automobiles, apart from the Railway Budget impact.
Interview focuses on: Tom Albanese, Group CEO, Vedanta, for whom ‘Find in India’ is key to realising the ‘Make in India’ vision; Smita Pandit Chakraborty, MD, Phoenix Conveyor Belt India, who is upbeat on the domestic market for the next few quarters; and Ambika Steels Founder & MD Chander Parkash Gupta who dwells on the challenges in the stainless steel industry.
Special Feature dissects the woes of iron ore, NMDC’s price cuts and the government’s decision to auction mineral blocks.
Also watch out for our regular sections on coking coal prices, ferro alloys and corporates.