Co-ordination and planning of the growth and development of Iron and Steel Industry in the country (including Re-rolling Mills, Alloy Steel and Ferro Alloy Industries, Refractories) both in the Public and Private Sectors;
Formulation of policies in respect of production, pricing, distribution, import and export of iron & steel, ferro alloys and refractories; and
Development of input industries relating to iron ore, manganese ore, chrome ore and Refractories etc. , required mainly by the steel industry.
VISION
To facilitate enhancement of steel production capacity (currently 179.5 Million tonnes, production 144 Million tonnes (approx.)) and growth in Steel Production.
To monitor the capital expenditure and modernization & expansion programme of PSEs quarterly.
To facilitate adequate availability of raw materials for steel industry from domestic & overseas sources.
To facilitate and promote R&D in steel sector and monitor the performance parameters of iron & steel production.
To monitor & facilitate the mergers, acquisitions & joint ventures in Steel Ministry PSEs.
To enhance customer/client satisfaction through prompt response or redressal of customer issues as per service delivery standards of citizens’ charter of the Ministry of Steel.