Conference on raw materials for steel and power

Conference on raw materials for steel and power

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Today:- Sep – Speaking on steel consumption, Mr Naveen Jindal, Chairman JSPL said on Tuesday ” Increasing per capita steel consumption is important as it is directly related to quality of life” as a part of his dialogue at the KATM conference on raw materials for steel and power.
Steel minister Chaudhary Birender Singh said India needs to raise per capita consumption of the commodity, while asking the industry to play ethical by differentiating between ‘ease of doing business’ and ‘ease of making money’.
It is not just the duty of the government or the steel ministry in specific, each one has a role to play, he said at the conference.
He was speaking on the key role society has to play with regard to various issues be it increasing steel consumption or protecting the domestic steel industry.
Singh said: “When there was dumping in our country, many of the producers of steel became traders. Is it fair on the part of a man who…has the responsibility to produce… Why? because there is a possibility that without doing anything you can make easy money.”
The National Steel Policy aims more than doubling the per capita steel consumption to 158 Kg by 2030-31, from 61 kg at present.
The steel consumption in the country will increase with the improvement in lifestyle and development of infrastructure.
Teennews1 News Desk

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