Business Recorder quoted a spokesman of Engineering Development Board as saying that work on steel policy is progressing well and the committees of stakeholders have completed the process of consultations and putting their recommendations in black and white.

The draft proposals will be circulated to members of the committees for their comments and after incorporating amendments, it will be placed before the full house of stakeholders. The spokesman expressed the hope that the whole process would be completed by the end of next month.

He was commenting on a news item published by a section of English press saying that Pakistan Standards and Quality Control Authority and EDB were developing steel policy. He clarified that EDB was not sharing this responsibility with any other organization. Only the concerned departments have been requested to give inputs on certain issues. Since standards fall under the purview of PSQCA, they are developing these for steel sector.