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Govt taking steps to meet input challenges in steel sector: SAIL chairman

Issues include iron ore allocation, coking coal crunch and high cost of producing steel in India

SAIL Chairman Anil Kumar Chaudhary
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SAIL Chairman Anil Kumar Chaudhary

Press Trust of India New Delhi
The domestic steel sector is facing challenges in form of high input costs and unavailability of coking coal in the country, SAIL chairman A K Chaudhary said on Saturday, and conveyed that the government is aware of the issues and taking appropriate measures to resolve them.

He was speaking at a session on 'India: Roadmap to a $5 trillion economy' organised by industry chamber Ficci in New Delhi.

High input cost is a concern for the industry, the Steel Authority of India Ltd chairman said adding that the production cost of steel in India is the highest at present. One of the