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National News

Feb 17, 2020
1:55PM

Steel sector witnessing revival: Dharmendra Pradhan

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Minister of Steel Dharmendra Pradhan today said that steel sector is witnessing revival and the government's priority is to enhance  capacity building in the sector and manufacturing of special category steel. The Minister told this to reporters after addressing a workshop on 'India Steel - Fostering steel usage in Railways and Defence' in New Delhi today. He said, the country, being the second largest steel manufacturer in the world, is importing a lot of special category steel from various countries. Mr. Pradhan said that import of special category steel needs to be reduced.

Speaking on the occasion, Railway Board Chairman V K Yadav said,  the steel consumption in 2019 was to the tune of seven million tonne which was 17 per cent higher than total consumption in 2018. He said, several projects related to Railways are in the pipeline and the steel consumption will go up further.

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