Several Central Public Sector Enterprises (CPSEs) under the  Ministry of Steel have made payment of  due tax to the government  under Vivad Se Vishwas scheme by 31st March 2020. Government  initiated Vivad Se Vishwas scheme with the objective of  reducing income tax pending litigation,  generate timely revenues for the Government and  help taxpayers to end their tax disputes with the department by paying disputed ...

The Indian steel industry has over the years, undertaken cost effective and environment friendly production of steel through adoption of state-of-the-art technologies and research. The Indian steel industry is addressing the energy & environment issues through the adoption of energy efficient & environment friendly technologies in the plants through technological upgradation/modernisation/expansion. These measures undertaken by the Indian steel industry have ...

The total number of steel plants in the country is 977.  In the public sector, work is currently going on in NMDC Steel Plant in Nagarnar, Chhattisgarh which is a Greenfield steel plant. Steel is a deregulated sector where market forces and commercial considerations decide construction of new steel plants. The import of steel has increased marginally in the last ...

Steel: Crucial in India’s ascent to $5 Trillion economy The Government’s vision to achieve a $5 trillion economy by 2024 entails investments worth INR 100 lakh crore in infrastructure sectors, including several steel intensive sectors like Housing for All, 100% electrification, piped water for all etc. Steel has several inherent advantages of durability, faster completion time, reduced environmental impact, and ...

Minister of Petroleum and Natural Gas and Steel, Shri Dharmendra Pradhan participated in the 33rd National Conference of All India Induction Furnace Association of India (AIIFA) on Secondary Steel Sector. Theme of the Conference was “Most advantageous route of Environment friendly steel making through Electric Induction Furnace (EIF) and its global acceptance”. Minister of State for Steel, Shri Faggan Singh ...

Union Minister for Steel and Petroleum & Natural Gas, Shri Dharmendra Pradhan participated in the ‘Steeling India-2019: Driving metal intensity in key sectors’ organised by CII here today. In his inaugural address, Shri Pradhan talked about opportunities in steel sector of India, growing steel demand and how technology and innovation can make the Indian steel sector more vibrant. Speaking about ...

Ministry of Steel has issued the Steel Scrap Recycling Policy. The policy aims to achieve the following objectives – ·  To promote circular economy in the steel sector. ·  To promote a formal and scientific collection, dismantling and processing activities for end of life products that are sources of recyclable (ferrous, non- ferrous and other non-metallic) scraps which will lead ...

Union Minister of Petroleum & Natural Gas and Steel Shri Dharmendra Pradhan visited the Corporate Office of NMDC Limited at Hyderabad today, and reviewed NMDC’s performance. The Minister met CMD, Directors and employees of the company. Shri Pradhan, during his interaction with the top management said, NMDC, being one of the largest mining companies in India, should focus on increasing ...

Union Minister of Commerce & Industry and Railways, Piyush Goyal and Minister of State for Commerce & Industry, Hardeep Singh Purilaunched Steel Import Monitoring System (SIMS) in New Delhi The system has been developed in consultation with Ministry of Steelon the pattern of US Steel Import Monitoring and Analysis (SIMA) system. The SIMS will provide advance information about steel imports to Government ...

Prominent steel manufacturers met today at Bhubaneswar and interacted on the vision of achieving 100 MTPA capacity for steel production in Odisha. Addressing more than 60 steel manufacturing companies, Dibya Shanker  Mishra, Minister of Industries, Odisha mentioned that the state provides an unparalleled conducive ecosystem for the steel industries to expand their manufacturing facilities. He also stated that the State ...