Substantially lower deal size compared to previous years
Iron & steel major drivers in the segment o Strengthen market share through small and mid-tier acquisitions Strategic partnership with overseas firms to gain access to advanced technology Fading interest over overseas mining assets o Focus on deleveraging balance sheet o Increasing resource nationalization in mineral rich countries Outlook o Sustainable economic growth o Governments move to resolve environment and mining issues o Focus by the government to increase investments in M&M sector o Fall in commodity prices paves way for attractive deals o Captive coal & iron mines are expected to attract investors (Domestic & Inbound)