Imports of iron & steel products need registration under SIMS: Govt

The Indian government has made it mandatory for traders to register themselves with Steel Import Monitoring System (SIMS) to import all iron and steel products including certain flat-rolled products. This move, w.e.f 16 Oct, has been taken to discourage inbound shipments of such goods and promoting local manufacturing. This mandatory registration was earlier imposed on 300 products but now 530 more products have been on the list.