The Second Meeting of the National Steel Consumers’ Council, on the theme of “Current Status of Steel Industry and the Way Forward,’’ will be held under the Chairmanship of the Union 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.
Currently, India is the third largest steel producer in the world. However, domestic steel consumption remains at only 60 Kgs per capita which is quite less in comparison to the world average of 208 kgs. There has been a continued thrust from the Ministry of Steel to boost domestic steel consumption by exploring versatile steel uses. Recently, the Union Cabinet has approved the policy for providing preference to Domestically Manufactured Iron & Steel Products in Government procurement. The meeting comes at a good time to address all steel- related issues.