Steel Import Monitoring System (SIMS)

(Ministry of Commerce & Industry)

WHAT

Union Minister of Commerce & Industry and Railways launched Steel Import Monitoring System (SIMS) in New Delhi today.

The system has been developed in consultation with the Ministry of Steel on the pattern of US Steel Import Monitoring and Analysis (SIMA) system.

HIGHLIGHTS

The SIMS will provide advance information about steel imports to Government and stakeholders including, steel industry (producers), steel consumers(importers) to have effective policy interventions.

 

WHAT

• In this system, the importers of specified steel products will register in advance on the web portal of SIMS providing the necessary information.
• The importer can apply for registration not earlier than 60th day and not later than 15th day before the expected date of arrival of import consignment.
• The automatic Registration Number thus granted shall remain valid for a period of 75 days.
• The information about the steel imports provided by the importers on the SIMS will be monitored by the Steel Ministry.
• SIMS has been notified with effect from 1st November, 2019.

 

Source: PIB

 

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