Govt eases steel usage curb to reduce highway construction cost
ROADS & HIGHWAYS

Govt eases steel usage curb to reduce highway construction cost

For constructing highways, the government has allowed the use of steel produced by secondary steel makers.

Earlier, the contract provisions required the use of steel manufactured by primary or integrated steel producers only. The move is to ensure cost reduction in highways construction using steel. As reported, the government also announced that all types of steel would be allowed for highways provided these meet the quality parameters.

Click here to access steel prices

The steel proposed to be used would be tested in the National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited laboratories as a third party check before approval. The move is based on the analysis and discussions with stakeholders and also technical opinion.


Make in Steel 2021

24 February 

Click for event info


4th Indian Cement Review Conference 2021

17-18 March 

Click for event info


Other than reining in the integrated steelmakers from further jacking up prices, the latest move will also widen the sourcing scope and provide a cushion to the secondary steel producers who were hit hard by the Covid-19 pandemic.

With this step, the supplier base for steel used in the construction of national highways would increase, leading to more competition and better price discovery by the markets.

This is also part of the ministry's continuous effort to reduce costs through the use of new technology, reducing restrictions on suppliers and making the procurement system transparent, it added.

Image Source


Also read: Govt issues new domestic procurement norms for 49 steel products

Also read: Sharp increase in steel prices to hit NHAI projects in TN

For constructing highways, the government has allowed the use of steel produced by secondary steel makers. Earlier, the contract provisions required the use of steel manufactured by primary or integrated steel producers only. The move is to ensure cost reduction in highways construction using steel. As reported, the government also announced that all types of steel would be allowed for highways provided these meet the quality parameters. Click here to access steel prices The steel proposed to be used would be tested in the National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited laboratories as a third party check before approval. The move is based on the analysis and discussions with stakeholders and also technical opinion.Make in Steel 202124 February Click for event info4th Indian Cement Review Conference 202117-18 March Click for event info Other than reining in the integrated steelmakers from further jacking up prices, the latest move will also widen the sourcing scope and provide a cushion to the secondary steel producers who were hit hard by the Covid-19 pandemic. With this step, the supplier base for steel used in the construction of national highways would increase, leading to more competition and better price discovery by the markets. This is also part of the ministry's continuous effort to reduce costs through the use of new technology, reducing restrictions on suppliers and making the procurement system transparent, it added. Image Source Also read: Govt issues new domestic procurement norms for 49 steel products Also read: Sharp increase in steel prices to hit NHAI projects in TN

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code