Indian steel sector progressing towards 100% quality control regime - Minister

Steel News - Published on Mon, 04 Mar 2019

Image Source: India Today Times of India reported that Union Steel Minister Chaudhary Birender Singh said that Indian steel sector is progressing towards a quality control regime with India becoming the second top global producer. He said that to ensure production of quality steel in the country, the ministry has come out with a Quality Control Order and is committed to moving towards 100 per cent quality control regime. We are aware of challenges being faced by few consumers and suppliers. However, we are confident that in the long-term, the move will be highly beneficial as steel goes for various critical applications such as infrastructure, where concerns related to safety and health of consumers is very important.”

The minister said Indian economy is now the sixth largest economy in the world and is expected to grow at a faster rate than other big economies. He added that "Our aim is to be a USD 10 trillion economy in the coming years. To meet the aspirations and requirements of our growing economy, we have set an ambitious target of 300 MT of crude steel output by 2030-31. We are steadily and firmly moving forward in the direction of attaining these levels.”

He stressed that a lot of work also needs to be done to improve the sustainability of the steel industry as it has to reduce carbon dioxide gas emission intensity in steel production in a time-bound manner.

Source : Times of India