Tag: SteelMint Morning Brief
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India: Chip shortage may play role in Q2 auto contracts
The negotiations for the auto contracts for the second quarter (Q2), which had started in Jul’21, are still in a stalemate, SteelMint understands. While the mills’ negotiations with almost all the auto original equipment manufacturers (OEMs) are still ongoing, the only deal to have been sealed is with two-wheeler major Bajaj Auto. Sources inform that…