The country's steel production capacity has reached 80 MT per annum with plans to ramp it up to 120 MTPA during the current fiscal

An inter-ministerial panel will meet later this month to sort out issues impeding big-ticket investments in the steel sector. "An inter-ministerial group (IMG) on July 25 would review the current status of major steel investment projects and find out solutions to problems impacting them," a Steel Ministry official said. The group will have participation from ministries of steel, coal, mines, environment, railways and shipping among others.