Steel Users Federation of India popularly known as ‘SUFI’ has achieved remarkable success in a short span of time to bring various Stakeholders of the Steel industry on a common platform and is marching towards achieving its objective to achieve higher per capita consumption of Steel and thereby promoting growth and excellence in the Steel industry.

Steel – is a building block of an economy. As a core sector it has to have a lion’s share for realizing the dream of  ‘A Developed India, A New India’. SUFI is helping the country achieve this dream.

For the last five years since its inception, SUFI has taken various steps to strengthen the Steel industry. It has organized seminars/conferences in India and abroad, has contributed to GST by bringing out ready reckoner on GST viz. ‘GST- DECODED FOR STEEL’, held GST Workshops and Help-Desk, had regular dialogue with the Government on a variety of policy issues affecting Steel Sector. In July 2021, SUFI launched Commodity forward contract for Mild Steel billets on BOMBAY STOCK EXCHANGE (BSE) viz. ‘SUFIBLT’. This contract gives an opportunity to Steel Users/ Trade and Mills to hedge their position and do risk mitigation.