The Ministry of Steel has reportedly detailed the government's efforts to make raw materials and steel more affordable. To regulate the now-deregulated sector, the government has taken a number of measures to mitigate the effects of demand and supply; global market conditions; trends in raw material prices; logistic costs; power costs; fuel costs; and so on.
A 15 per cent export duty has been imposed on pig iron and several steel products.
Contact: Ministry of Steel
Tel: 011-2306 3417
Website: steel.gov.in