Category: CRC
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India: Mills propose further hikes for Q2 auto contracts
Negotiations for auto contracts for the second quarter (Q2) of Jul-Sept’21 have begun. And, perhaps, the steel mills and auto original equipment manufacturers (OEMs) are bracing for another round of controversy-laced interactions. The mills have made fresh price proposals which are over and above those at which Q1 deals were closed. The Q2 contracts are…