The Daily Brief

Does Indian steel really need so much protection?

Episode Notes

In today's episode of The Daily Brief, we cover a deep dive and another story for the day shaping Indian and global markets:

1.  Indian Steel: Too Much Protection?

 We’ll cover: 

• Why Indian steel is cheaper to produce but still sells at a premium
• How iron ore export duties and import barriers support steelmakers
• What could happen if steel protection is gradually reduced
   

2. India Finalises CAFE 3 Norms

We’ll cover:

• Why Maruti’s proposed small-car concession was dropped
• How the new weight-based formula affects Maruti, Mahindra and Toyota
• How EVs, hybrids, CNG and compliance credits can help carmakers meet targets
   

Audio Timestamps

00:04   Intro
00:30   The cost of protecting steel
13:06   CAFE 3: The new rules
20:16   Tidbits

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