Events and Updates

Title: No control over steel price: Government

Posted on: 2nd July 2019

NEW DELHI: The government has no control over the steel price but keeps a tab on it to ensure there is no monopoly on trading of the metal, Union Steel Minister Dharmendra Pradhan said in the Lok Sabha on Monday. Pradhan said steel is a free commodity and it is being imported too. 

"The government has no control over steel price. Our role is to see that there is no monopoly in steel trade. The price is determined by market demands," he said during the Question Hour.