Home » Policy » Policy to Increase Export of Steel 

Policy to Increase Export of Steel 

Export incentive schemes of Ministry of Commerce & Industry are aimed at incentivising merchandise exports including steel. Over the last three years, steel imports from China have come down from 2.163 Million MT to 1.562 Million MT.  This is a result of imposition of Antidumping and Countervailing measures on Chinese steel imports.

Steel being a deregulated sector, specific decision on recruitment of employees in private steel sector is taken by individual steel companies/investors on the basis of their requirement. In the case of Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL), Steel PSUs, in the last three years and current year regular employment to about 4067 people have been provided.

This Information was given by the Union Minister for  Steel Shri Dharmendra Pradhan in a written reply in the Rajya Sabha

About Indianindustry Media

Leave a Reply

Your email address will not be published. Required fields are marked *

*

x

Check Also

Customs Duty on US Products 

The USA imposed a global additional tariff of 25% and 10% on import of steel ...

CSR activities by CPSEs under Ministry of Steel 

As per the Companies Act, 2013, Central Public Sector Enterprises (CPSEs) under Ministry of Steel ...

Steel Plants 

The State-wise number and details of the Steel plants established by the Government and other ...

Steel Production and Export 

Export and import are dynamic situation which keep fluctuating based on factors like cost of ...

Policy for Regulation of E-Commerce 

 E-commerce activities are governed by a number of Regulations and Acts of the Government. Information ...

SEZ Policy review committee report 

TheGovernment had constituted a Group of eminent persons under the Chairmanship of Baba Kalyani, Chairman ...

SEZ Policy Report Submitted to Commerce Minister 

The Baba Kalyani led committee constituted by the Ministry of Commerce& Industry to study the ...

Commerce Minister Releases Report on Industrial Park Rating System

             The Union Minister for Commerce & Industry and Civil Aviation, Suresh Prabhu, released the report prepared ...

38 Moussigned at Bhubaneswar Steel Conclave 

Capital Goods(CG) producers from across the globeinked 38 MoUs with Indian steel companies which will ...

Conclave on Capital Goods in Steel Sector in Bhubaneswar 

Ministry of Steel is organising a Conclave on “Capital goods in Steel sector: Manufacture in ...