 "steel")
The government on Monday launched an online system to monitor steel imports, despite criticism from the industry.
The Steel Import Monitoring System (SIMS) will provide advance information about steel imports to both the government and stake holders.
Stakeholders include the steel industry (producers) and consumers (importers).
Based on these, they can carry out effective policy interventions, the commerce department said on Monday.
Under this system, the importers of specified steel products will have to register in advance on the web portal of SIMS, providing necessary information.
The move has been slammed by user industries. The Engineering Export Promotion Council (EEPC) termed the move as restrictions
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