
iron and steel policy
The iron and steel policy refers to government strategies that support the production and development of these industries. It aims to promote domestic manufacturing, ensure steady supplies for infrastructure and industry needs, and protect local producers from international competition through tariffs or regulations. The policy also encourages modernization, technological innovation, and environmental sustainability within the sector. Overall, it seeks to balance economic growth, job creation, and fair trade practices while maintaining the industry's competitiveness and ecological standards.