India’s steel quality globally competitive: ISA
29/05/2017
According to Indian Steel Association India has turned net exporter of steel this year and the trend is expected to continue as the metal's quality has become globally competitive.
According to the ISA, this is the beginning for India to become a global player. The country is no doubt on the right path. It is already a net exporter this will give strength to domestic production so that the entire production may not be intended for domestic consumption and some a positive development needs to move further.Commenting on the issue, Sanak Mishra, Secretary General and Executive Head, Indian Steel Association (ISA) told the media, "From September 2014 till end of September 2016 huge imports came to India, and since about beginning of this year, it shows the trend of becoming a net exporter." “On account of measures taken by the government, the imports fell down last fiscal year ending March, and from beginning of the new calender year itself, the exports were larger than the imports,” he said.
29/05/2017
According to Indian Steel Association India has turned net exporter of steel this year and the trend is expected to continue as the metal's quality has become globally competitive.
According to the ISA, this is the beginning for India to become a global player. The country is no doubt on the right path. It is already a net exporter this will give strength to domestic production so that the entire production may not be intended for domestic consumption and some a positive development needs to move further.Commenting on the issue, Sanak Mishra, Secretary General and Executive Head, Indian Steel Association (ISA) told the media, "From September 2014 till end of September 2016 huge imports came to India, and since about beginning of this year, it shows the trend of becoming a net exporter." “On account of measures taken by the government, the imports fell down last fiscal year ending March, and from beginning of the new calender year itself, the exports were larger than the imports,” he said.
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