Iron ore prices are sending a signal that distress may lie ahead for the steel sector. The industry outlook had already dulled in 2022 due to a series of setbacks, including rising energy costs, China’s real estate slowdown, the Russia-Ukraine war’s impact on demand and central banks hitting the brakes on easy monetary policy, a course correction that will slow the world economy. But all of this was already known. In fact, in India, matters had turned worse after the government imposed...
Moneycontrol Pro Panorama | Economy is expanding, but…
Jul 5, 2022 / 05:22 PM IST
In today’s edition of Moneycontrol Pro Panorama: Metal mettle, a high growth scrip, the missing lever in the bond market, India’s stretched market valuation, and moreRead Now
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