Steel associations across nation protest proposed BIS order

Federation and Associations of Maharashtra (FAM) and The Bombay Iron Merchants’ Association (BIMA) brought together associations representing over 10,000 steel users at Garware House Club, Mumbai on Thursday. The event was held to clearly state the myths v/s realities about <g data-gr-id="37">current</g> state of <g data-gr-id="38">steel</g> industry in India.

Showcasing their strength against the proposed BIS order, FAM and BIMA joined hands and organized an event; that witnessed participation of office bearers of associations such as <g data-gr-id="13">CORSMA</g>, Steel Wire Manufacturers, Loha Vyapari Mahasangh, Madhya Pradesh, Indore Loha Vyapari Association, Chamber of Small Industries Association, Thane Small Scale Industries Association, Bhopal Loha Vyapari Association, Metal Container Manufacturer Association ,Karnataka State Wire and Bright Bar Association, Steel Chamber of India and Small Scale Wire Drawing Units Association. 

The event highlighted the reality of steel sector as opposed to the myths spread by the local manufacturers to get the BIS order approved. On behalf of all the steel users in India, they have come forward to request Government to revoke <g data-gr-id="41">order</g>. “Currently, local traders’ associations across the country have independently written to the <g data-gr-id="40">Government,</g> but have not received any response. 

There is despair in all the steel industry circles, because local producers are already selling at 15-20% higher price and if this order gets implemented, then they would hike the price further and rule with monopoly,” Mohan Gurnani, President of Federation of Associations of Maharashtra said.