Ministry takes up cause of small steel producers

摘要

The steel ministry on Tuesday expressed concern over rising steel imports and warned that unless production of the alloy grew, it could spell a crisis for the domestic steel industry. "After due examination, we found out that steel imports have shot up by 4.18 million tonnes (mt) between April and November this year against 2.3mt in the same period last year, marking an increase of 77 percent, which is a cause of serious concern," a top steel ministry official said.