Commerce and Industry Minister Piyush Goyal has appealed to steel industry stakeholders for assessing manufacturing costs and exploring possibilities of offering relief to small industries that use the commodity for producing components and other engineering products.
Goyal said that special care of MSMEs needs to be taken for easier and cost effective supply of steel. He said steel makers showed intent to support small and medium enterprises and exporters. They assured the small enterprises and exporters about finding affordable solutions to address their challenges especially in the wake of the pandemic.
The issue was discussed in a meeting held involving representatives of steel industry and actual industry. The meeting was convened to address the issues raised by small industries and exporters about steel input prices.
