HomeBricks & MortarIndia Takes Steps to Regulate Steel Imports with BIS Standards for All...

India Takes Steps to Regulate Steel Imports with BIS Standards for All Steel Grades

India Takes Steps to Regulate Steel Imports with BIS Standards for All Steel Grades

The Indian government has expanded the Bureau of Indian Standards (BIS) quality control norms to cover all steel grades, ensuring that only steel meeting the relevant BIS specifications is produced domestically or imported into the country. The Steel Ministry, which issues the Quality Control Order (QCO), has mandated that steel products conform to BIS standards, effectively raising the bar for steel quality.

As part of this initiative, steel grades not yet covered by BIS standards will require a No Objection Certificate (NOC) from the Steel Ministry for import. This move is aimed at preventing the entry of substandard steel into the market, which could negatively impact the quality of infrastructure and products in India. A senior official from the Steel Ministry stated, “We are working towards bringing all steel grades under BIS standards within the next year. This will help regulate imports and ensure that poor-quality steel does not flood the market. It’s a non-tariff barrier that we are implementing to protect the domestic industry and ensure its competitiveness.”

The decision to extend quality control to all steel grades aligns with the government’s broader efforts to safeguard the domestic steel industry from unfair trade practices and to promote the use of high-quality materials in infrastructure development. This move is expected to provide a boost to the domestic steel sector and help it remain competitive in the global market.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

UltraTech Cement Raises Funds For Infrastructure Growth

UltraTech Cement Raises Funds For Infrastructure Growth

India’s largest cement producer has approved the allocation of ₹5,000 crore through Non Convertible Debentures (NCDs), reinforcing a broader trend of using long term...
Kansai Nerolac Expands Paint Manufacturing Capacity

Kansai Nerolac Expands Paint Manufacturing Capacity

Kansai Nerolac Paints has approved a capital investment of ₹597 crore to expand its manufacturing capacity, signalling continued confidence in India’s long term demand...
India Steel Consumption Drives Urban Expansion

India Steel Consumption Drives Urban Expansion

India’s steel industry has entered a new phase of expansion, with both production and domestic demand reaching fresh highs as infrastructure construction, manufacturing and...
Tata Steel Strategy Supports Industrial Transition

Tata Steel Strategy Supports Industrial Transition

India’s largest steel producers are increasingly relying on domestic demand to offset uncertainty in overseas markets, with Tata Steel expansion plans in India emerging...
Jindal Stainless Profit Signals Stronger Steel Value

Jindal Stainless Profit Signals Stronger Steel Value

India’s stainless steel sector began the financial year with a mixed operational picture as Jindal Stainless reported higher quarterly profitability despite softer sales volumes,...