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Steel Users Urged to use Made in India Steel

Steel News - Published on Mon, 22 Jun 2020

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PTI reported that Union Steel Minister Dharmendra Pradhan has urged all stakeholders of the sector to come together to ensure that industries use only domestically produced steel. He said “There are many sectors which still do not use domestically produced steel due to various reasons. Unless all the stakeholders including the mining industry, the processing industry, the furnace associations, the secondary steel sector or the integrated steel plants, come together, it will be difficult to take steel to another level.”

He added “Demand for steel in the domestic market is very low, and we will take up all the programmes that will boost the sector. Since Independence, during the last six years, a majority of the reforms have been undertaken by the government to make the raw materials available for the sector. We all should work towards fulfilling our needs with steel completely made in India.”

In the last few quarters, domestic demand for steel has declined due to the economic slowdown followed by the COVID-19 outbreak and resultant shutdowns.

Source :

Posted By : Nishith Sharma on Mon, 22 Jun 2020
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