Tuesday, 18 July 2017

Steel Production in the country

Data on crude steel production by India during the last three years i.e. 2014-15, 2015-16 and 2016-17 and April-May 2017-18 is given below:-

Year
Crude steel production (mt)
Annual Increase i.e. % change over last year (%)
2014-15
88.98
8.9
2015-16
89.79
0.9
2016-17*
97.44
8.5
April-May 2017*
16.44
4.8
Source: JPC; *Provisional; mt=million tonnes

Data on finished steel production by India during the last three years i.e. 2014-15, 2015-16 and 2016-17 and April-May, 2017-18 is given below:-

Year
Total Finished Steel Production
 for sale (mt)
Annual Increase  i.e. % change
over last year(%)
2014-15
92.16
5.1
2015-16
90.98
-1.3
2016-17*
100.74
10.7
April-May 2017*
17.48
6.4
Source: JPC; *Provisional; mt=million tonnes

Consumption of finished steel grew by 2.6% in 2016-17 whereas production grew by 8.5% over previous financial year. India was net exporter of steel in 2016-17 and thus production of finished steel was sufficient to meet its present demand in the country and also for exports.

Steel being a de-regulated sector, the role of Government is that of a facilitator only, which lays down the policy guidelines and establishes the institutional mechanism/structure for creating conducive environment for improving efficiency and performance of the steel sector. In this role, the Government has released the National Steel Policy 2017, which has laid down the broad roadmap for encouraging long-term growth for the Indian steel industry.

Quantity of finished steel exported during each of the said period – country wise is annexed herewith:

            EXPORT OF TOTAL FINISHED STEEL ('000 tonnes)                                      Annexure-I
Country
2014-15
2015-16
2016-17*
April-May 2017*
AUSTRALIA
49.29
29.38
35.65
5.59
BAHARIN
8.48
12.41
7.60
0.95
BANGLADESH
136.5
55.06
137.52
17.9
BELGIUM
198.39
287.42
1112.31
173.57
BRAZIL
42.95
11.98
42.93
11.35
CANADA
132.95
17.32
33.64
5.87
CHILE
9.51
18.35
11.8
0.56
CHINA
3.32
3.92
4.00
0.45
COLOMBIA
34.03
15.90
18.47
4.63
CONGO
3.83
3.25
1.39
0.1
DENMARK
9.69
8.90
5.63
1.08
DJIBOUTI
21.45
22.98
32.06
2.97
ECUADOR
31.99
16.78
42.77
5.49
EGYPT
9.82
17.30
11.93
20.67
ETHIOPIA
133.58
157.82
147.64
22.63
FINLAND
0.59
14.33
3.30
0.76
FRANCE
9.46
19.75
15.44
0.84
GERMANY
54.84
47.13
68.67
9.22
GHANA
39.25
41.24
47.52
6
GREECE
12.2
46.57
19.58
3.25
INDONESIA
83.87
118.33
233.77
54.34
IRAN
495.8
321.43
144.01
20.59
IRAQ
8.27
30.84
3.01
0.64
ISRAEL
5.47
6.66
7.31
1.27
ITALY
470.86
345.41
942.92
205.39
JAPAN
0.48
0.56
0.64
0.17
JORDAN
0.73
1.89
0.53
0.01
KENYA
61.28
45.65
30.55
3.74
KOREA
26.63
26.57
34.9
10.09
KUWAIT
12.83
28.16
36.66
2.24
MADAGASCAR
11.81
15.91
12.74
0.56
MALAYASIA
96.55
46.31
391.72
37.6
MALDIVES
4.32
9.17
15.26
1.56
MEXICO
45.29
52.66
169.53
37.69
MOROCCO
1.44
2.52
6.08
0.22
MYANMAR
29.48
18.49
68.99
10.67
NEPAL
236.35
310.54
464.73
59.16
NIGERIA
30.36
39.37
11.39
4.46
PERU
44.33
71.16
40.25
6.5
PHILIPPINES
6.08
7.20
14.45
0.88
POLAND
34.56
39.19
64.94
39.34
QATAR
11.55
9.03
17.78
4.74
ROMANIA
27.69
27.24
20.75
5.61
RUSSIA
27.85
20.56
23.45
5.64
SAUDI ARABIA
248.86
60.50
118.57
35.29
SOUTH AFRICA
36.89
19.60
56.94
5.2
SPAIN
180.41
155.44
440.06
103.08
SRI LANKA
138
100.51
140.15
27.25
SWEDEN
4.48
3.16
9.45
7.71
TAIWAN
129.46
12.90
70.67
18.27
TANZANIA
41.18
25.75
9.33
1.32
THAILAND
188.13
69.80
126.4
40.38
TURKEY
49.66
44.66
74.61
26.12
U.K.
64.56
39.34
172.92
22.5
UAE
606.05
315.93
674.44
106.71
UKRAINE
10.89
1.05
3.21
0.66
USA
501.29
295.63
273.58
76.15
VIETNAM
163.12
38.11
961.26
31.25
OTHERS
516.03
453.97
557.00
79.12
TOTAL
5595
4079
8245
1388
Source: JPC' *provisional


The Minister of State in the Ministry of Steel Shri Vishnu Deo Sai provided this information in reply to a question in Lok Sabha today (July17, 2017)


Courtesy: pib.nic.in

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