Steel Production in the country

 

Steel Production in the country

New Delhi, July 17, 2017

Ashadha 26, Saka 1939

 

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.

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