The government today said there is an immense scope for steel demand growth in the country.
"There is a huge potential for growth of steel demand in India," Steel Minister Chaudhary Birender Singh was quoted as saying in a statement.
The minister was addressing the recently constituted National Steel Consumers' Council of the steel ministry.
Outlining the country's position in the global steel industry, Singh said the per capita steel consumption of India at around 68 kg is much less than one-third of the world average of around 208 kg.
In line with the government's initiatives under Digital India, a mobile app of MSTC, a public sector enterprise under the Ministry of Steel, was also launched today.
The app is aimed at bringing the buyer closer to the seller, removing the constraints mainly for small buyers.
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Steel Consumer Council has an important role to play, as both producers and users come together to find innovative and out of box ideas to carry forward the industry, the statement said.
"The issues of demand, supply, product innovations and logistics will require serious deliberations. Logistics is a critical area and the consumer council has to draw the expected road map of logistics for seeking priority attention of policy makers on urgent basis," it said.
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