Stress in steel sector has eased a lot, says Birender Singh

By imposing restrictions like anti-dumping duty, we have covered 75% of steel industry, says govt

The government is focussed on bringing domestic steel producers out of their distress. In an interview with Jyoti Mukul and Megha Manchanda, Steel Minister Birender Singh describes how he is going about implementing a new steel policy. Edited excerpts:
 
The Cabinet recently cleared two policies for the steel industry. How will those policies benefit the industry?
 
For the last three years, the steel industry was facing stress, so we thought that instead of adopting stop-gap measures it would be better to have a policy. Two previous policies could not achieve targets so it is important to have a