Draft National Steel Policy 2017 to come out soon Birender Singh

Mumbai. Union Steel Minister Chaudhary Birender Singh today said that the government will soon be releasing a draft 'National Steel Policy' with a view to give concrete shape to its vision and plans for the steel industry and stressed on implementing a 100 per cent quality regime into the steel sector. 

 

Speaking after inaugurating the two-day ‘India Steel 2017’ meet here, he said that the past three years were challenging for the steel industry but due to the government's strategic intervention at important times, India today was a net exporter and among the few countries that have a positive demand for steel.

 

He further said that the steel production had gone up by 9 per cent last year and exhorted that it should go up by 10 per cent this year. Mr Singh highlighted five focus areas where he felt further effort was needed -- production and productivity increase; R&D; ‘India-made’ steel; demand boost for steel; and excellence in quality and efficiency. 

 

He asserted that demand would increase in near future because India was strategically placed with a demand for infrastructure development.