Author: melisataormina

Steel is a deregulated sector and the role of the Ministry is that of a facilitator. Decision regarding the increase of the installed capacity of steel and its utilization is taken by individual company (both private and public sector) based on techno-commercial considerations.  However, the Government has taken the following steps to enhance steel production in the country:- (i)  Notification of Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for promoting procurement of Made in India steel. (ii)      Notification of Steel Scrap Recycling Policy to enhance the availability of domestically generated scrap. (iii)     Issuance ... Read more