& çâÌæÚUæð´ ·¤è ¥ôÚU Îð¹Ùæ ÁæÚUè ÚU¹ð´ ¥ÍæüÌ ¥ÂÙð ÜÿØ ÂÚU ŠØæÙ ÚU¹ð´Ð ãæÚU Ù ×æÙð´, €UØô´ç·¤ ·¤æ× ·¤ÚUÙð âð ¥æÂ·¤ô ©gðàØ ·¤è Âýæç# ãôÌè ãñ ¥õÚU ÁèßÙ ·¤æ ¹æÜèÂÙ ÎêÚU ãôÌæ ãñÐ ÖÜð ãè ÁèßÙ ×ð´ ç·¤ÌÙè Öè ·¤çÆÙæ§ü €UØô´ Ù ¥æ°, çÁ™ææâæ ¥õÚU ©ˆâæã ÕÙæ° ÚU¹ð´Ð ŠØæÙ ÚU¹ð´, ÜÿØ ã×ðàææ ¥æÂ·Ô¤ Âæâ ãôÌð ãñ´ çÁ‹ãð´ ÂæÙð ·Ô¤ çÜ° ÂýØæâ ¥æÂ ·¤Öè Öè àæéM¤ ·¤ÚU â·¤Ìð ãñ´Ð

Consult local companies before allowing Tata Steel

Steel millers urge government

STAR BUSINESS REPORT
Steel mill owners yesterday urged the government not to sign any agreement with the Tata Group on its proposed plan to produce basic steel without consulting them.
They said such investment proposal is related to local steel and re-rolling industry.
"So, it's the foremost duty of the government to consult us before allowing any new ventures which is likely to hurt the existing business," said Sheikh Masadul Alam Masud, general secretary of Bangladesh Steel Mill Owners Association (BSMOA), at a press
conference in Dhaka.
Tata Group's $2 billion investment proposal includes setting up a $700 million basic steel industry to produce 2.4 million tonne hot rolled (HR) coil and other basic steel products.
The steel millers made another four-point demands on the issue of the Indian giant's investment proposal.
"If the Tata Group gets final nod to invest here, it should be ensured that they will not go for marketing steel and iron products and melted scrap (MS) products (excluding sponge iron) in the local market," said the BSMOA general secretary.
The association leaders said government should not give out of the way facility to the group and suggested that gas price should be determined on international price.
They also asked the government not to allow Tata to produce HR coil from the first stage of iron ore.
"The local steel industry manufactures rod and steel products completing the four stages starting from iron ore stage to steel casting stage. We are with the understanding that Tata also plans to produce HR coil from iron ore stage," said Badiul Alam, chairman of BSMOA.
"If Tata produces HR coil from
iron ore, the local industry will totally collapse," he feared.
"The argument does not hold water that Tata Steel will become a major source of HR coil to the local industry as HR coil is not the raw material for rod and steel products. But it is the raw material of corrugated iron sheet," said the chairman of BSMOA.
"On the other hand, we import only 60 to 70 thousand tonne HR coil per year while the Tata Steel's annual production will be 2.4 million tonne. However, we see no problem if Tata produces HR coil from steel casting stage," the chairman of BSMOA added.