“Government has done a lot for the steel industry... be it the anti-dumping duty, BIS certification and putting RCEP discussions on hold. We have to become mature and increase consumption of steel within an outside the country,” Jindal said while delivering his speech at the Indian Steel Association organized “Steel Conclave” at Delhi.
India also needs to diversify its procurement of coking coal and delegation-level talks have already taken place between Russia and Mongolia, he said.
“The steel makers should try and find out what they should do reach 300 million tons of steel capacity by 2030. Total investment required for reaching that level would be around $200 billion,” Jindal said.
The steel industry should also promote equipment manufacturing within India to make the government’s initiative of make in India a success, Jindal said adding that JSW produced its blast furnace completely within the country.
Bu hikaye Steel Insights dergisinin December 2019 sayısından alınmıştır.
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Bu hikaye Steel Insights dergisinin December 2019 sayısından alınmıştır.
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