New Delhi, February 4: The total steel production in the country has increased from 88.98 MT in 2014-15 to 103.13 MT in 2017-18. MoS for Steel, Vishnu Deo Sai, informed this in Lok Sabha today.
The Government has notified the National Steel Policy, 2017 and the Policy for Providing Preference to Domestically Manufactured Iron and Steel (DMI&SP) in Government procurement, which create facilitative environment to improve domestic production and consumption of steel. With a view to provide relief to the domestic industry, the Government of India took the following measures:
The government of India has also issued Quality Control Orders namely steel and Steel Products (Quality Control) Order, 2018 covering 47 carbon/alloy steel and 6 stainless steel products. The Quality Control Order prohibits manufacturing/import of sub-standard / seconds and defective products.
In reply to another question, the Minister said India has not been much impacted by the tariff imposed by USA since India’s exports to the USA were just around 2.2% before the imposition of the tariff.