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Steel Ministry approves 83 R&D projects

Steel Ministry approves 83 R&D projects
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The Steel Ministry approved as many as 83 R&D projects worth Rs 696.27 crore in 2014-15 as it aimed to expand the industry´s product portfolio and help it to maintain long-term sustainability. The government is encouraging public sector undertakings and private firms in the steel sector to work on research and development (R&D) projects, particularly on problems relating to utilisation of low grade ore and high ash coal. Thrust is also on value added products.

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