Vishnu Deo Sai, the Steel Minister of India, in a recent conference, announced that, the government is working on the policy. The critics have stated continuously that, this process is impossible, taking in the fact that India only produces 82 mtpa of finished steel .
In the last financial year, India only had to import 0. 37 tones of iron ore , but this year, according to government records companies had to import twice. The Chairman of CII National Committe of Steel, C.S. Verma, stated about this on Steel Summitt. He said that many things are keeping the country from reaching its full potential. Some of these factors are the high cost of logistics as well as unavailability of raw materials.
Zhejiang Yaang Pipe Industry Co., Limited