India, Feb. 4 -- The Government of India issued the following news release:
Steel is a de-regulated sector where prices of raw materials such as iron ore, coking coal etc., and finished steel are determined by market dynamics. The Government acts as a facilitator, by creating a conducive policy environment for the development of steel sector including small and medium producers in the country. Government has taken the following measures to create a conducive policy environment for improving global competitiveness of India's steel industry:
Promotion of 'Made in India' steel and expanding investments:
Implementation of Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for promoting 'Made in India' steel for Government procur...