"The Steel Ministry is exploring new avenues for usage of steel like steel bridges, containers, water tanks and crash barriers. Recently, I have also urged all concerned ministries to use India-made steel for government projects," Singh said here.
He was speaking at the first meeting of the National Steel Consumers' Council here. The council advises government on matters relating to supply, availability, quality and the market trends of iron and steel.
The meeting was attended by representatives of various ministries, several industry associations, producers and consumers of iron & steel industry, house builders and related industries, industry experts and steel makers, including SAIL, RINL and Tata Steel etc.
There has been continued thrust from the Ministry of Steel to boost the domestic steel consumption by exploring the versatile steel uses.
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"The ministry has sought reduction in import duty on both coking coal and nickel -- vital components of steel making -- a move that may revive the sector in the forthcoming Union Budget," Singh said.
The National Steel Policy 2017 (NSP 2017) is an effort to steer the industry to achieve its future potential and strategy to deal with various impediments like high input cost, availability of raw materials, dependency on imports and financial stress.
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