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Low prices of steel problem for small cos: Secretary

November 05, 2025

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The Free Press Journal - Indore

Low prices of steel in the market now is a problem for small companies, especially when the government is aiming to increase capacity of this important sector in the next five to seven years, Steel Secretary Sandeep Poundrik said on Tuesday.

Addressing the ‘STEEL SUMMIT 2025' organised by Confederation of Indian Industry (CII), Poundrik said five years ago prices of the steel were higher than what they should have been.

"But today prices of steel are lower than what they should have been. So price is a challenge... Small players are facing problems," he said.

المزيد من القصص من The Free Press Journal - Indore

The Free Press Journal - Indore

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