Govt to take steps to contain imports of defective steel
The government will take more steps to contain imports of defective or sub-standard steel with a view to helping domestic manufacturers, an official said.
The official said that local players prefer imports of defective or sub-standard steel as it is cheaper.
According to industry experts, sub-standard steel impacts the quality of goods and hurt domestic manufacturers.
The issue was discussed during a high-level meeting of steel and commerce ministries Tuesday.
“There is a need to contain imports of defective and sub standard steel. It comes in India because it is cheap in price,” the official added.