Lok Sabha Question No. 673 (UNSTARRED), answered on 2017-02-06
Subject: Performance of Steel Sector
Ministry: STEEL
Asked by: JYOTI DHURVE

## LOK SABHA

## UNSTARRED QUESTION NO.673 FOR ANSWER ON 06/02/2017

## PERFORMANCE OF STEEL SECTOR

673. SHRIMATI JYOTI DHURVE:

Will the Minister of STEEL be pleased to state:

(a) the  total  quantum  of  iron  ore  and  finished  steel  produced,  consumed  and exported during each of the last three years, value-wise;

(b) whether the domestic steel industry is suffering from fall in profits and turnover due to the shortage of iron ore and if so, the details thereof; and

(c) the steps taken by the Government to ensure adequate supply of iron ore to the domestic steel industries and discourage the export of raw iron ore?

## ANSWER

## THE MINISTER OF STATE FOR STEEL

(SHRI VISHNU DEO SAI)

(a) The  production  of  iron  ore  and  export  of  iron  ore  (both  quantity  and  valuewise) for the last three years is shown in table below:-

Table-1: Iron Ore

| Item                                                     | Unit                                                     | 2013-14                                                  | 2014-15                                                  | 2015-16                                                  |
|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|----------------------------------------------------------|
| Production                                               | MT                                                       | 152.18                                                   | 128.91                                                   | 155.59                                                   |
| Export: Quantity                                         | MT                                                       | 16.30                                                    | 7.30                                                     | 5.32                                                     |
| Export: Value                                            | Lakh (Rs)                                                | 948079                                                   | 314281                                                   | 126319                                                   |
| Consumption*                                             | MT                                                       | 108.34                                                   | 113.48                                                   | 122.10(e)                                                |
| Source : JPC/*IBM, MT = Million Tonnes, (e) = estimated. | Source : JPC/*IBM, MT = Million Tonnes, (e) = estimated. | Source : JPC/*IBM, MT = Million Tonnes, (e) = estimated. | Source : JPC/*IBM, MT = Million Tonnes, (e) = estimated. | Source : JPC/*IBM, MT = Million Tonnes, (e) = estimated. |

The production for sale, export and consumption of total finished steel (nonalloy + alloy/stainless) for the last three years is shown in table below:-

Table-2: Total Finished Steel

| Item                              | Unit                              | 2013-14                           | 2014-15                           | 2015-16                           |
|-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|-----------------------------------|
| Production for sale               | MT                                | 87.67                             | 92.16                             | 90.39                             |
| Export: Quantity                  | MT                                | 5.98                              | 5.59                              | 4.08                              |
| Export: Value                     | Crore (Rs.)                       | 29747                             | 29298                             | 22658                             |
| Consumption                       | MT                                | 74.09                             | 76.99                             | 81.52                             |
| Source : JPC, MT = Million Tonnes | Source : JPC, MT = Million Tonnes | Source : JPC, MT = Million Tonnes | Source : JPC, MT = Million Tonnes | Source : JPC, MT = Million Tonnes |

(b) No,  Madam.    Production  of  iron  ore  in  the  country  is  sufficient  to  meet  the domestic requirement.

(c) The following steps are taken by the Government to ensure adequate supply of iron ore to the domestic steel industries:-

- i) Government has notified Mines and Minerals (Development and Regulation) Amendment  Act,  2015  to  streamline  grant  of  Mining  Leases  in  order  to maintain sufficient availability of raw materials for the various sectors including steel sector.
2. ii) Government has put the export duty @ 30% on Iron Ore Lumps/Fines above 58% Fe content.

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