2nd International Exhibition and Conference on Metal Production, Metal Processing and Metal Working & Allied Industries
08 - 10 September 2017 Bombay Exhibition Centre, Mumbai, India

Min 15% value addition must for procurement of imported steel

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Imported steel must undergo a minimum prescribed value addition of 15 per cent in order to be eligible for procurement by government departments, the steel ministry said today.
Min 15% value addition must for procurement of imported steel
Imported steel must undergo a minimum prescribed value addition of 15 per cent in order to be eligible for procurement by government departments, the steel ministry said today.  The government in May had approved the Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for providing preference to locally produced iron and steel products.