Government Says Steel Sector Revival in 18-24 Months

Kolkata: India's steel sector, which is passing through a global oversupply crisis, may take another 18-24 months for revival, a Steel Ministry official has said. "We have assessed the steel situation within the ministry and according to that assessment the industry is expected to remain under stress for the next 18 to 24 months," Ministry of Steel Joint Secretary Syedain Abbasi said. "Government is there to help out the industry i...