Monday, 4 August 2014

Export of Steel

The Minister of State for Mines, Steel and Labour and Employment, Shri Vishnu Deo Sai has said that   the data regarding country wise export of steel (alloy, non-alloy and semis) for the last three years and the current year is given in Annexure.

In a written reply in the Lok Sabha today, Shri Vishnu Deo Sai has said that The revenue earned through exports of alloy, non-alloy and semis for the last three years is as shown below:

2011-12:--                      Rs.21946.00 crores
2012-13:--                      Rs.26911.54 crores
2013-14:--                      Rs.29993.66 crores.*

April, 2014-June, 2014:-         Rs.7971.13 crores.*
Source: JPC       *provisional

The Minister said that there is no export oriented steel policy.  

He said that as the prices are essentially market driven, the Government has no role in fixation of prices.  However, the Government has taken the following corrective measures:-

i)       An Inter Ministerial Group (IMG) has been set in the Ministry of Steel for effective coordination and expediting implementation of various investment projects in the steel sector.
ii)      A Project Monitoring Group (PMG) has been constituted under the Cabinet Secretariat to fast track various clearances / resolution of issues delaying the investments of Rs. 1000 crores or more in the manufacturing / infrastructure sector including the steel sector.
iii)     To increase domestic value addition and improve iron ore availability for domestic steel industry at reasonable prices, duty on export of iron ore has been increased to 30%.  Recently, the Government has imposed export duty @ 5% ad-valorem on export of iron ore pellets.
iv)     Import of critical raw materials for steel industry such as coking coal, non-coking coal, scrap etc. are subject to zero or very low levels of customs duty.
v)      The Ministry of Steel routinely consults the industry to be apprised of the constraints to growth and recommends necessary corrective measures to other concerned ministries.

Annexure
COUNTRY
Export in `000 Tonnes
2011-12
2012-13
2013-14*
April 2014 – June 2014 *
AUSTRALIA
19.38
10.56
48.26
20.69
BAHARIN
20.53
94.94
14.68
0.53
BANGLADESH
32.79
167.68
242.75
63.05
BELGIUM
497.64
350.89
326.48
52.26
BHUTAN
0
0
0
0
BRAZIL
15.79
22.52
37.58
12.56
CANADA
51.35
28.22
60.6
31.81
CHILE
12.49
15.52
18.34
1.62
CHINA
66.78
4.16
11.15
1.53
COLOMBIA
22.88
18.17
34.71
8.98
CONGO
9.68
12.59
6.75
1.52
DENMARK
2.23
14.28
2.24
1.08
DJIBOUTI
40.86
32.6
18.06
4.95
ECUADOR
26.91
49.16
47.92
10.74
EGYPT
9.74
10.61
33.39
2.14
ETHIOPIA
51.31
99.33
112.62
28.21
FINLAND
1.35
1.92
0.4
0.12
FRANCE
16.82
21.44
7.63
4.79
GERMANY
36.81
33.37
28.88
12.14
GHANA
62.89
63.04
68.36
9.62
GREECE
2.55
6.56
9.35
4.58
INDONESIA
105.04
74.4
132.73
26.58
IRAN
158.76
110.53
183.91
88.35
IRAQ
79.82
10.33
19.57
0.35
ISRAEL
2.7
2.62
3.73
0.47
ITALY
162.52
245
373.29
91.7
JAPAN
0.21
2.08
0.78
0.16
JORDAN
8.77
13.69
3.38
0.04
KAZAKHSTAN
0
0.06
0.02
0
KENYA
128.75
200.82
278.47
38.02
KOREA
10.01
39.78
19.96
8.63
KUWAIT
41.93
41.36
26.4
3.83
MADAGASCAR
16.56
17.46
14.45
1.67
MALAYASIA
30.6
63.43
70.3
3.62
MALDIVES
8.43
7.25
3.62
0.74
MEXICO
11.21
6.33
29.48
2.45
MOROCCO
0.69
0.39
0.64
0.44
MYANMAR
81.08
41.67
57.01
9.35
NEPAL
0.43
1.93
110.99
70.78
NIGERIA
95.29
88.14
108.6
17.69
PERU
64.54
60.71
26.46
5.53
PHILIPYNES
17.3
7.13
11.86
3.84
POLAND
9.27
15.27
36.09
13.84
QATAR
9.2
15.12
14.56
5.6
ROMANIA
24.5
27.3
27.97
9.86
RUSSIA
42.1
86.94
71.18
9.63
SAUDI ARABIA
198.98
305.11
325.57
94.02
SOUTH AFRICA
58.26
88.54
56.31
27.22
SPAIN
277.27
186.7
144.32
46.51
SRI LANKA
151.69
134.3
203.38
45.74
SWEDEN
4.19
4.45
4.54
1.39
TAIWAN
88.93
27.86
79.66
24.96
TANZANIA
55.62
93.38
88.33
9.95
THAILAND
58.4
524.81
273.87
43.84
TURKEY
19.95
33.99
34.83
26.22
U.K.
30.88
22.16
126.43
29.38
UAE
523.82
651.43
511.22
165.91
UKRAINE
7.18
2.35
8.54
5.36
USA
342.4
379.17
532.6
144.72
VIETNAM
103.99
183.37
414.24
66.52
Other
757.1
637.37
519.03
117.7
TOTAL
4789.15
5512.3
6078.5
1535.50
  Source : JPC         * provisional

Courtesy: pib.nic.in

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