Left Menu
Development News Edition

Steel Min asks industry players to give suggestion to raise quality steel output

PTI | New Delhi | Updated: 12-07-2019 17:07 IST | Created: 12-07-2019 17:07 IST
Steel Min asks industry players to give suggestion to raise quality steel output

The Steel Ministry Friday asked stakeholders to provide suggestions on ways to increase production of quality steel in India. Hailing that India is now the second largest producer of crude steel in the world, Minister of State for Steel Faggan Singh Kulaste said the country can also become a leader in quality steel.

"I invite suggestions/ways from industry players, stakeholders to increased the output of quality steel in India and curb the use of low-standard material," Kulaste said at India Steel Quality Standards Conference here. At the conference, attended by over 200 hundred industry players, the issue of surge in imports was also discussed.

JSW Steel Executive Vice President (Sales and Marketing ) Sanjay Jayaram said in India steel-consuming sectors are infrastructure, railways, construction machinery etc are growing and these all require quality steel. At a time when country is heading towards its target of 300 MTPA capacity the imports of low sub-standard steel is also posing a challenge for the local industry, JSPL Joint Managing Director N A Anasari said.

Yatinder Suri, MD and Country Head of stainless steel maker Outokumpu India said there is a need to ban the production of non-standard stainless in the country, which is being used by the downstream users to manufacturer consumer-wares. This is will ensure that people with low income can also buy quality products at affordable prices, he said.

Kulaste also informed that 53 steel products have been brought under the ambit of quality control order (QCO). In June 2018, sixteen additional steel products have been brought under the ambit of quality control order, a move that will brought around 90 per cent of the steel and steel products consumed in the country under QCO.

Steel Secretary Binoy Kumar had earlier said the Centre is committed to bringing in all steel products under the quality regime. "Government has put in a set of enablers to help steel industry realise its potential... Ministry of Steel is committed to achieve 100 per cent quality regime in steel products.

"This will help in restricting the production and import of inferior grade products that are consumed in various important end-use segments such as power distribution, human health and safety of infrastructure and construction," the secretary had said.



Turbulence surrounding tobacco control in Ghana

... ...

Refugee compassion and response: Ideas to mitigate disasters now and in their future

Their homeland becomes a forbidden territory for them and more likely than not, their journey to foreign soil is no less traumatizing, not to say deadly. It is crucial to help refugees live a life of dignity and purpose....

Inadequate water infrastructure causes a tidal wave of coronavirus in rural Alaska

... ...


Latest News

Wary Turks aren't buying Erdogan's economic promise yet

Turkish President Tayyip Erdogans promise of a new economic era triggered a foreign-driven rally in the lira, but local investors have yet to be persuaded that policies they say have dragged on economic prospects for years will be reversed....

Cambodian opposition figures state plan to return from exile

Senior executives of the disbanded opposition Cambodia National Rescue Party on Tuesday announced their plan to return from self-imposed exile to fight criminal charges against them in court. The party leaders are among about 130 opposition...

PLI schemes for bulk drugs, medical devices received positive response from industry: Govt

Production-linked incentive PLI schemes for bulk drugs and medical devices have received a positive response from the industry, the Ministry of Chemicals and Fertilizers said on Tuesday. For the PLI scheme for bulk drugs, 215 applications h...

Castrol India appoints Deepesh Baxi as CFO, whole time director

Lubricant maker Castrol India on Tuesday named Deepesh Baxi as its Chief Financial Officer CFO and Whole Time Director, replacing Rashmi Joshi, who will be stepping down from her current position on December 31. Baxi, who is currently Finan...

Give Feedback