Speed Post News Network
New Delhi : Union Commerce & Industry Minister Piyush Goyal on December 9, 2021, appealed to Steel Makers to explore the possibilities of offering relief to small industries and exporters. A meeting was held here on December 9 involving participants from Steel Industry and Actual Industry users.The meeting was convened to address the issues raised by small industries and exporters about steel input prices.
Speaking on the occasion, Goyal said that special care of MSMEs needs to be taken for easier and cost effective supply of Steel. He asked the Steel Industry stakeholders to assess the manufacturing costs and explore the possibilities of offering relief to small industries using steel as input for manufacturing of components and other engineering products.
Steel Industry stakeholders showed intent to support Small and Medium enterprises and exporters. They assured the Small Enterprises and Exporters about finding affordable solutions to address challenges facing them especially in the wake of the pandemic, according to a PIB release.
The meeting was also attended by Union Minister of Steel Ram Chandra Prasad Singh; MSME Minister Narayan Tatu Rane; Chairperson, SAIL, Soma Monda;, CMD, Rashtriya Ispat Nigam Ltd., Atul Bhatt;, CMD, JSW Steel Ltd., Sajjan Jindal; CEO and MD, Tata Steel, T V Narendran; DG & CEO, Federation of Indian Exporters Organisation (FIEO); Dr Ajay Shai; Mohit Jauhari of Auto Components Manufacturers Association (ACMA); Chairman, EEPC, Mahesh Desai; Secretary General, All India Cycle Manufacturers Association, Dr. K B Thakur;and senior officials of the concerned Ministries.