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Highlighting that the Indian steel sector is full of opportunities, Minister of State (MoS) Faggan Singh Kulaste has said that increasing per capita steel consumption and production of special steel as well as enhancing raw material security will remain the key focus areas of the government in 2022.

Kulaste said the focus will also be on finding new markets as the production of steel continues to grow in the country. He said that the per capita steel consumption in the country is at around 72.3 kg at present, while the capacity is at 143.9 MTPA (million tonnes per annum), and the focus will also be on increasing the output of special steel.

Besides, the minister said that the country must aim to grab the numero uno position in quality steel production. The ministry has already directed the public sector undertakings (PSUs) and private players to take measures to cut imports of special steel.