Steel Market

Category:-Steel | 02-Apr-2025 11:39 PM

🏭 Big Relief for the Steel Industry! 🏗️

The government has made significant amendments to the procurement policy to boost the domestic steel industry.

🔹 Priority to Domestic Steel: Indian steel companies will be given preference in government procurement.

🔹 No Global Tenders: International companies will no longer be allowed to participate in government steel procurement.

🔹 Strict Monitoring: A committee led by the Steel Secretary will oversee the implementation of these rules.

🔹 5-Year Guarantee: These rules will remain in effect for the next five years and may be extended if needed.

👉 This decision will benefit domestic steel companies and boost production in the country!


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