Raw material security, R&D thrust areas for steel industry: Steel Minister

To enhance steel consumption, the Ministry to focus on construction and manufacturing sectors

Chaudhary Birender Singh (left) at the National Steel Consumers’ Council meeting

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BS B2B Bureau New Delhi

Last Updated : Jun 17 2017 | 12:31 PM IST

Chairing the second meeting of the recently constituted National Steel Consumers’ Council in Bhubaneswar yesterday, Minister of Steel, Chaudhary Birender Singh stated that raw material security, import substitution, enhancing steel consumption and focus on R&D were some of the thrust areas for Indian steel industry.

Indian steel sector has evolved as third largest steel producer in world and is poised to become second largest producer putting Indian steel prominently on the map of the global industry.

The Minister said, “India being one of the fastest growing economies in the world, and steel finding its extensive application in areas like construction, infrastructure, power,

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