India: Rejig of stressed assets, Chinese policy & new mine auctions key pointers for metals sector

India: Rejig of stressed assets, Chinese policy & new mine auctions key pointers for metals sector

The global commodity free fall played havoc with Indian metal companies in 2015, pushing many to the brink of operational losses and capacity shutdowns. The new year will be crucial to see which way the prices move. Metal manufacturers will also be banking on a pick-up in the domestic economy and some support from the government to fend off cheaper global imports.

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