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Indian Steel Ministry urges steel industry to be competitive & improve quality of products

Steel News - Published on Mon, 16 Sep 2019

Image Source: SteelGuru
Financial Express reported that Union Steel Minister Dharmendra Pradhan urged industry players to improve the quality of their products in order to become more competitive in the global markets. In a meeting with the CEOs of steel industry, Mr Pradhan also said the domestic industry has come a long way in terms of capacity building, quality assurance and technology up gradation. He said that β€œThe industry has to mark its place in the world, by being more competitive, improving the quality, and undertaking more exports.”

The minister who recently led a delegation to Russia to discuss bilateral cooperation in the areas of oil and gas, steel and coal informed the industry players that there are large scope and demand for Indian products in the international markets. The industry must do more value addition and fulfil the requirements of the niche sector, he said, adding that the industry also needs to diversify its sources of raw material procurement so as to bring down the costs.

Source :

Posted By : Amom Remju on Mon, 16 Sep 2019
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