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.

(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)


TRENDING

OPINION / BLOG / INTERVIEW

Blockchain in Healthcare: Opportunities and challenges

The use of blockchain in healthcare is a relatively new innovation with many of its uses still being explored and related technologies being developed, improved, and scaled. ...

Debate surrounding vaccine passports and development misses bigger picture

... ...

Blockchain vs IOTA: Looking for a better alternative

... ...

For stability, Iraq needs to crack down on corruption

... ...

Videos

Latest News

Nepal's hospitals stop admitting COVID-19 patients due to scarcity of oxygen

Patients in Nepal are gasping for breath, as authorities said they were facing an acute shortage of medical oxygen due to which 16 people infected with COVID-19 died recently, according to media reports.The deadly virus has so far infected ...

Soccer-Premier League clubs unanimously agree to three-year renewal of UK TV rights

The Premier League said on Thursday its clubs had unanimously agreed a proposal for a three-year renewal of the leagues UK live and non-live broadcast agreements with Sky Sports, BT Sport, Amazon Prime Video and BBC Sport.The league said th...

Women's hockey: Young Goyal aspires to realise her Olympic dream in Tokyo

Representing India at the Olympic Games is every athletes dream and she is no exception, says womens hockey team mid-fielder Neha Goyal, insisting that she would do all it takes to make the cut for the showpiece event.The Olympics are sched...

Emily Blunt junks rumours about 'Fantastic Four' casting

Hollywood star Emily Blunt has dismissed the rumours that she and her actor-director husband John Krasinski have been approached for lead roles in Marvels Fantastic Four movie.Ever since the Kevin Feige-led studio announced its plan to make...

Give Feedback