Amid rising input cost, Centre urges steel makers to provide relief to MSME sector

The Centre has appealed to the steel manufacturers to explore the possibility of offering relief to the MSME sector by reassessing the high prices of benchmark hot-rolled coil.

The Centre has appealed to the steel manufacturers to explore the possibility of offering relief to the Micro, Small and Medium Enterprises (MSME) sector by reassessing the high prices of benchmark hot-rolled coil.

On Thursday, Minister for Commerce and Industry Piyush Goyal met steel industry stakeholders and emphasised the need for easier and cost effective supply of steel to small industries, which use steel as input for manufacturing of components and other engineering products.