Union Minister Mr. Piyush Goyal and Minister of State for Commerce & Industry, Mr. Hardeep Singh Puri recently launched the Steel Import Monitoring System (SIMS) in New Delhi.
The system developed in consultation with Ministry of Steel is on the pattern of US Steel Import Monitoring and Analysis (SIMA) system.
The SIMS will provide advance information about steel imports to Government and stake holders including, steel industry (producers), steel consumers (importers) to have effective policy interventions, said an official press release from the Ministry.
In this system, the importers of specified steel products will register in advance on the web portal of SIMS providing 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