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Commerce Minister Advises Steel Makers To Offer Relief To Small Systems

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Commerce minister Piyush Goyal has actually urged steel makers to offer relief to little industriesGovernment has actually advised steel makers to check out possibilities of supplying relief to little markets that use the metal for producing various elements and products.Com merce and Industry Minister Piyush Goyal on Thursday appealed to steel makers for evaluating production expenses and exploring possibilities of providing relief to small industries that utilize the commodity for production purposes.

The issue was gone over in a conference held with agents of the steel industry and the actual industry.The conference was arranged to address the problems flagged by small industries and exporters about steel input prices.Speaking on the occasion, Mr Goyal said that unique care of micro small and medium enterprises (MSMEs) requires to be taken for easier and expense efficient supply of steel .

He asked the steel market stakeholders to assess the production costs and explore the possibilities of providing relief to little markets which use steel as input for making components and other engineering products.Steel industry stakeholders revealed intent to support small and medium business and exporters.They assured the small business and exporters about discovering budget-friendly solutions to resolve their obstacles especially in the wake of the pandemic.Steel Authority of India Limited (SAIL) chairperson Soma Mondal, chief of Rashtriya Ispat Nigam Limited Atul Bhatt, JSW Steel chief Sajjan Jindal, as well as CEO and managing director of Tata Steel, T V Narendran, were also present in the conference.




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