Tag: India: Q3 auto contracts under discussion: Sharp price reduction on radar?

Mills and auto original equipment manufacturers (OEMs) have begun negotiating the third quarter (Q3) contracts, SteelMint heard from reliable sources. The buzz is, prices are highly likely to drop for the current quarter. “Yes, these are getting concluded,” a source said, but nothing conclusive has emerged yet. The market grapevine has it that Q3 could…