Tel : 0086-0371-86172891
Tel : 0086-0371-86172891
The Indian A573 Grade 70 steel Ministry of Steel announced that, according to the 2017 National Steel Policy, India is achieving its goal of producing 300 million tons of steel annually by 2030. Realizing this goal faces many challenges, including raw material A573 Grade 70 steel procurement, especially in the beneficiation of iron ore. In addition, it is also affected by capital and operating expenses. In order to support the industry and achieve this goal as soon as possible, the Ministry of Steel proposes to increase the basic steel import tariff from the current 7.5% to 10-12%. At the same time, the Indian steel industry is also urged to enhance competitiveness by investing in technologies such as artificial intelligence and digital tools to improve efficiency and reduce A573 Grade 70 steel costs.
