Lok Sabha Question No. 1244 (UNSTARRED), answered on 2017-07-24
Subject: MIP for Steel Products
Ministry: STEEL
Asked by: G. HARI

## LOK SABHA UNSTARRED QUESTION NO.1244

FOR ANSWER ON 24/07/2017

## MIP FOR STEEL PRODUCTS

1244.  SHRI G. HARI:

Will the Minister of STEEL be pleased to state:

- (a) whether  there  would  be  no  extension  of  protectionist  Minimum  Import  Price (MIP) on 19 colour coated steel products, if so, the details thereof;
- (b) whether the Government has instructed the industry to gear up to face global competition  as  protectionist  measures  like  MIP  and  anti-dumping  cannot  continue indefinitely and if so, the details thereof;
- (c) whether the 19 products include semi-finished products of iron or non-alloyed steel,  flat-rolled  products  of  different  widths,  bars  and  rods  and  if  so,  the  details thereof; and
- (d) whether  these  products  generally  come  to  India  from  abroad  and  if  so,  the details thereof?

## ANSWER

THE MINISTER OF STATE FOR STEEL

(SHRI VISHNU DEO SAI)

- (a) The Government had imposed Minimum Import Price (MIP) on 173 steel items vide its notification dated 5 th February, 2016 which was extended from time to time. It was  last  extended  on  04.12.2016  for  19  steel  products  and  the  same  lapsed  in February, 2017.
- (b) Steel being  deregulated  sector,  individual  company  has  to  face  competition. Role of the Government is to facilitate growth of steel sector.
- (c) 19 steel products include corrugated flat rolled products of iron/non-alloy steel, plated/coated products etc.
- (d) Data  in  respect  of  import  of  19  colour  coated  steel  products  during  the  last three years is given at Annexure .

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## ANNEXURE TREND IN IMPORT OF 19 MIP ITEMS OF STEEL BY INDIA ('000t)

| Apr-Jun 2017 (P)   | Apr-Jun 2017 (P)   |             | 2016-17(P)   | 2016-17(P)   | 2015-16     | 2014-15     | 2014-15     |
|--------------------|--------------------|-------------|--------------|--------------|-------------|-------------|-------------|
| RITC               | Qty                | RITC        | Qty          | RITC         | Qty         | RITC        | Qty         |
| 72103010           | 0.599              | 72103010    | 0.055        | 72103010     | 3.774       | 72103010    | 0.913       |
| 72103090           | 27.66              | 72103090    | 179.951      | 72103090     | 173.534     | 72103090    | 79.938      |
| 72104100           | 0.07               | 72104100    | 0.681        | 72104100     | 1.755       | 72104100    | 6.49        |
| 72104900           | 79.242             | 72104900    | 277.488      | 72104900     | 368.072     | 72104900    | 310.99      |
| 72105000           | 14.799             | 72105000    | 25.461       | 72105000     | 61.89       | 72105000    | 60.535      |
| 72106100           | 18.379             | 72106100    | 21.238       | 72106100     | 66.491      | 72106100    | 23.906      |
| 72106900           | 11.297             | 72106900    | 37.373       | 72106900     | 61.196      | 72106900    | 25.875      |
| 72109090           | 5.923              | 72109090    | 18.664       | 72109090     | 216.824     | 72109090    | 194.921     |
| 72121010           | 0.522              | 72121010    | 0.006        | 72121010     | 1.963       | 72121010    | 3.957       |
| 72121090           | 1.473              | 72121090    | 1.732        | 72121090     | 8.572       | 72121090    | 14.611      |
| 72122010           | 0                  | 72122010    | 0            | 72122010     | 0           | 72122010    | 0           |
| 72122090           | 0.694              | 72122090    | 3.086        | 72122090     | 3.393       | 72122090    | 2.894       |
| 72123010           | 0                  | 72123010    | 0            | 72123010     | 0.332       | 72123010    | 0.015       |
| 72123090           | 0.744              | 72123090    | 4.216        | 72123090     | 3.441       | 72123090    | 4.037       |
| 72125010           | 0                  | 72125010    | 0.033        | 72125010     | 0.039       | 72125010    | 0.106       |
| 72125020           | 0.025              | 72125020    | 0.197        | 72125020     | 0.193       | 72125020    | 0.225       |
| 72125090           | 2.02               | 72125090    | 8.117        | 72125090     | 12.222      | 72125090    | 9.678       |
| 72259100           | 3.473              | 72259100    | 15.657       | 72259100     | 14.205      | 72259100    | 9.395       |
| 72259200           | 13.98              | 72259200    | 48.365       | 72259200     | 39.623      | 72259200    | 24.513      |
| Source :JPC        | Source :JPC        | Source :JPC | Source :JPC  | Source :JPC  | Source :JPC | Source :JPC | Source :JPC |