Author: Nabeera
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India: Govt amends DMISP policy with new melt-and-pour rule for steel products in public procurement
Melt-and-pour rule covers a range of flat and long products, stainless steel Govt retains 50% value-addition rule for seamless, large-diameter pipes and tubes The Ministry of Steel, government of India, has brought an amendment to the Domestically Manufactured Iron & Steel Products Policy-2025 (DMISP) by replacing the earlier 50% domestic value-addition requirement with a “melt…