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India's national stainless steel policy likely to be unveiled in early 2024-2024第二十四届广州国际不锈钢工业展--The 24th China(Guangzhou)Int'l Stainless Steel Industry Exhibition
11/27/2023 不锈钢展-Stainless Steel exhibition |
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The Indian government will release a National Stainless teel Policy early next year, industry and government officialssaid on Friday, November 24.
They said that the work on framing the policy is in the final stages and, once approved by the ministry of steel andsubsequently by lndia''s cabinet of ministers, it is likely to be unveiled early in 2024.
We are constantly in talks with the government in finalizing the contours of such a policy and we expect all work to becompleted in December for release in 2024," Jindal Stainless Limited managing director Abhyuday Jindal said
According to government officials, the policy will lay down medium-term and long-term goals for the domestic stainlesssteel industry. In the medium term, the domestic stainless steel production target is expected to be set at 10 milion mt
per year, from 6.6 million mt per year.In the longer term, the target wil be to achieve domestic stainless steel production at a level of 10 percent of total steeproduction, government officials said.
The challenge facing companies now is this dumping happening from China. t is increasing unchecked every monthand is hurting the whole industry. More than big players, the micro, medium and small enterprises (MSMEs) are gettinghurt. China is basically selling for less than the price in lndia and the price in China" Mr. Jindal said 不锈钢展-2024第二十四届广州国际不锈钢工业展--The 24th China(Guangzhou)Int''l Stainless Steel Industry Exhibition 2024不锈钢展，2024不锈钢展会，2024不锈钢展览会，2024广州不锈钢展，2024广州不锈钢展会，2024广东不锈钢展，2024广东不锈钢展会，2024中国不锈钢展，2024中国不锈钢展会，2024不锈钢博览会-Stainless Steel Industry Exhibition,Stainless Steel expo, 2024 Stainless Steel exhibition, 2024 Stainless Steel expo, China Stainless Steel exhibition, China Stainless Steel expo,-Stainless Steel Industry event,Stainless Steel event, 2024 Stainless Steel event, 2024 Stainless Steel event, China Stainless Steel event, China Stainless Steel event |
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