MINISTRY OF STEEL ORGANISES STEEL CONSUMERS’ MEET
The Second Meeting of the National Steel Consumers’ Council, on the theme of “Current Status of Steel Industry and the Way Forward’’ was held under the Chairmanship of the Indian Steel Minister Chaudhary Birender Singh, in Bhubaneswar on 16th June,2017. The function of the Steel Consumer Council is to advise Government on matters relating to supply, availability, quality and the market trends of iron and steel. While India is currently the world’s third largest steel producer, domestic consumption remains at a mere 60 Kgs per capita, far below the world average of 208 kgs, and India’s Ministry of Steel wants to boost domestic consumption by exploring versatile steel uses. Recently, the Union Cabinet has approved a policy for providing preference to domestically manufactured Iron & Steel products in Government procurement, and this meeting comes at a good time to address all steel related issues. This meeting provided a vibrant platform to discuss viable options for generating domestic steel consumption, the domestic steel industry scenario, global steel trends and advantages of using steel over other construction materials. Attendance came from representatives of various ministries, industry associations, producers and consumers of iron & steel Industry, house builders and related industries, industry experts and leading domestic steel makers.