Centre to unveil new
steel policy soon:
Minister
Addressing a regional seminar here, the Steel Minister said the
government would organise a national conference of steel producers and
consumers.
Centre to unveil new steel policy soon: Minister
The government will soon unveil a new steel policy to boost production
and consumption of the commodity, Union Minister Chaudhary Birender
Singh said.
Addressing a regional seminar here, the Steel Minister said the
government would organise a national conference of steel producers and
consumers.
This conference would discuss the issues related to the sector,
including quality, price and problems faced by stakeholders, he said.
The government has decided to increase the production of steel to 300
million tonnes by 2030 from the present level of 126 million tonnes.
He added that the government plans to double the country's per capita
steel consumption of 61 kg, which is a big challenge. The global per
capita steel consumption stands at 208 kg.
The minister also asked the industrialists to change their mindset and
adopt modern technologies instead of sticking to traditional forms of
production.
The new steel policy would bring about a balance between production and
consumption in the country, he added.
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