All Kinds Of Steel Allowed In Highway Construction

17 February 2021 Current Affairs:

An order was issued to allow all steel (whether produced by melting ore, billets, pellets or scrap) to be used for the construction of National Highways.The steel must meet the required standards for a specific grade of steel.

♦ The recommended steel will be tested in NABL accredited laboratories before being approved.
♦ Considering that rising steel prices may affect the cost of building national highways, this decision was made.
♦ Through this step, the base of steel suppliers will increase, leading to more competition and better market price discovery.

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