Indian government considers amendment in steel policy

Thursday, 20 April 2006 16:03:06 (GMT+3)   |  
The government of India is reportedly considering amendment in the National Steel Policy six months after it was revealed. Steel Minister Ram Vilas Paswan revealed that there are grey areas in the policy regarding movement of iron ore within the states. “There are some issues with the distribution of iron ore. This has to be looked into. We will come out with a raw material policy soon,” Paswan said. The new policy on raw material will also formulate guidelines on export of ore, Indian sources report. Paswan indicated that domestic players will be given priority in the raw material policy.

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