Ministry of Steel Issues Clarification on Quality Control Orders
The Ministry of Steel has clarified that all intermediate materials used in the manufacturing of steel products must comply with BIS Standards. This order aims to ensure parity between domestic producers and imports, prevent the import of substandard steel, and maintain the quality of finished products. The ministry emphasizes that the current steel manufacturing capacity in India is sufficient to meet domestic demand, and concerns about price increases are unfounded. The order is part of efforts to safeguard the domestic steel industry from potential dumping of cheap steel.
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