Thursday 21 February 2019

Steel Ministry extends till Apr 17 deadline for non BIS-certified high grade steel

The Ministry of Steel Wednesday extended till April 17 the deadline for mandatory use of Bureau of Indian Standards (BIS) certified high-grade steel in automobile manufacturing.
 
Automobile manufacturers in India have been importing high-grade steel and had pressed the government to extend the deadline for using Bureau of Indian Standards (BIS) certified high-grade steel beyond February 17. 
 
According to auto manufacturers, they are facing difficulty in sourcing high-grade steel from domestic companies while foreign suppliers have expressed reluctance to seek BIS certification due to very low volumes.

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