This includes Balvinder Kumar, Secretary, Ministry of Mines, who will serve as the chief guest, while R K Sharma, Principal Secretary to government of Odisha
Speaking at the inaugural session of the seminar, A K Rath, CEO, DSP said: “Learning is a continuous process. The seminar is an excellent platform to foster learning.
Brexit may entail a restructuring of the UK economy and if it has any impact of GDP growth rate, steel consumption will go down. If it forms a better policy, the impact could be contained to an extent.
In 2015, India became the world’s third largest producer of crude steel, with a production of 89 mt, and the third largest producer of sponge iron.
“With the newly rebuilt Battery No. 5 joining the production stream, the coke production will improve,”, AK Rath, CEO, DSP said.
The initiative is likely to translate into meaningful steel demand after a gap of around 18 months, according to a report by research agency S&P Global Platts.
The meetings will be chaired by the union mines secretary and will discuss the pending proposals in order to accelerate their progress before the two-year deadline.
The order will have a minimum impact on the stainless steel utensils market since it does not cover stainless steel containing less than 1% of nickel.
The Railways is one of the largest customers of DSP. The latter is the only forged wheel producer in the country and has been supplying various types of wheels and axles.
The new policy has tried to attract private industry participation by outlining the request for information process, and the Indian Designed, Developed and Made category.
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