Indian Steel Product Order does not favor large mills


Mr. Steel Minister Beni Prasad Verma said that the Government of India has notified 16 steel products, have a direct impact on consumer health and safety of critical infrastructure, ordered according to the steel and steel products in 2012, this sameapplicable to imports and domestic production. Verma said, the execution of the command and no ban on imports of steel products in the country, it did not intend to shut down small-scale units. He said: "The command only provides steel produced or imported products in the country must comply with the standard units have been given enough time to get of BIS licenses and registration can be run without interruption. Many of them have access to the Bank for International Settlements license and registration. "In addition, the government postponed the execution of the command of some products, in order to facilitate the registration of the remaining units of the BIS. Verma said that the order is not conducive to large-scale production compared to smaller units, because it is a uniform, suitable for large and small-scale producers.


<>Indian Steel Product Order does not favor large mills

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