Steel Ministry to organize a webinar on new opportunities for the steel sector on Friday

Jan 15,2021

Ministry of Steel in association with the Indian Steel Association (ISA) is going to organize the second edition of its series of webinars on Steel titled "New Opportunities for Steel in Construction and Infrastructure” on Friday.

Union Minister of Steel and Petroleum & Natural Gas, Shri Dharmendra Pradhan will be the Chief Guest and Minister of State for Steel, Faggan Singh Kulaste will be the Guest of honour on the occasion.

The webinar will focus on new opportunities for steel and fresh perspectives on steel's usage in the Construction and Infrastructure sector. Prominent industry leaders from steel, construction, and infrastructure sector will participate in the webinar.

Congratulating Indian Steel Association for organizing this webinar, Dharmendra Pradhan said in a message, “The Indian steel industry has shown tremendous resilience in recent times. A rapid growth in production has resulted in India becoming the 2nd largest producer of crude steel. The Covid-19 Pandemic threw great challenges but together we have found ways and solutions to overcome them.”

“The steel sector has now entered a new phase of development and is poised to become more vibrant, competitive and sustainable. Government of India has recently introduced a new incentive scheme - Production Linked Incentive (PLI) Scheme in various sectors including steel and the primary focus has been placed on special steels” he added.

He expressed the hope that the webinar would provide a great platform to all the participants, delegates, and other key decision-makers from the steel, construction, and other infrastructure-related industries to interact on the new opportunities for steel.

Faggan Singh Kulaste the Minister of State for Steel, in his message said: “about 65-67% of Steel is consumed by Construction and Infrastructure. It is, therefore, important that new opportunities for Steel usage are identified”.

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