Govt stresses need to cut import dependence for special grade steel

The government today stressed the need to cut import dependence for special grade steel.   Union Minister of State for Steel Faggan Singh Kulaste, while speaking at a FICCI event,  exhorted the domestic players to go for research and development activities .   Mr Kulaste said, though the country is the second largest producer of crude steel in the world, it is hugely dependent on imports for special grade steel.   The minister asked steel makers to identify those grades of steel which are not ma...