Lok Sabha Question No. 3475 (UNSTARRED), answered on 2019-07-15
Subject: Production of Steel
Ministry: STEEL
Asked by: Vishnu Dayal Ram

## LOK SABHA UNSTARRED QUESTION NO.3475 FOR ANSWER ON 15/07/2019

## PRODUCTION OF STEEL

## 3475.  SHRI VISHNU DAYAL RAM:

Will the Minister of STEEL be pleased to state:

- (a) whether maximum growth has been recorded for the production of steel at the rate of 12 percent in January 2017 in the country;
- (b) if so, the details thereof;
- (c) whether  the  demand  of  steel  has  increased  and  the  steel  price  has  also improved; and
- (d) if so, the details thereof?

## THE MINISTER OF STEEL

## ANSWER

(SHRI DHARMENDRA PRADHAN)

(a)&(b): Yes, Sir. Data on production of crude steel during January 2017 along with percentage change over January 2016 is given below which shows that a growth of 17 percent was registered during January 2017 over January 2016:-

| Month                          | India : Crude Steel Production   | India : Crude Steel Production   |
|--------------------------------|----------------------------------|----------------------------------|
|                                | Qty. (in mt)                     | % change                         |
| January 2017                   | 8.81                             | 17                               |
| January 2016                   | 7.50                             | 17                               |
| Source: JPC; mt=million tonnes | Source: JPC; mt=million tonnes   | Source: JPC; mt=million tonnes   |

(c)&(d): The following table indicates that consumption of total finished steel during last  three  years  along  with  percentage  change  over  same  period  of  last  year  has increased.

| Period                   | Total Finished Steel (alloy + non-alloy) Consumption   | Total Finished Steel (alloy + non-alloy) Consumption   |
|--------------------------|--------------------------------------------------------|--------------------------------------------------------|
|                          | Qty. (in mt)                                           | %change                                                |
| 2018-19*                 | 97.54                                                  | 7.5                                                    |
| 2017-18                  | 90.70                                                  | 7.9                                                    |
| 2016-17                  | 84.04                                                  | -                                                      |
| Source: JPC;*provisional | Source: JPC;*provisional                               | Source: JPC;*provisional                               |

Data on domestic, average, retail prices (Delhi market) of key items of iron and steel  during  June'19  along  with  percentage  change  over  same  period  of  last  year indicates that  steel price of key items of iron and steel in the non-alloy long and flat categories declined as shown below:-

| Item             | Domestic, average, retail prices (Delhi market)   | Domestic, average, retail prices (Delhi market)   | Domestic, average, retail prices (Delhi market)   |
|------------------|---------------------------------------------------|---------------------------------------------------|---------------------------------------------------|
|                  | June'19                                           | June'18                                           | %change                                           |
|                  | (Rs./t)                                           | (Rs./t)                                           |                                                   |
| Wire Rod 8mm     | 47200                                             | 52905                                             | -11                                               |
| Rounds 12mm      | 45582                                             | 49855                                             | -9                                                |
| TMT 10mm         | 48610                                             | 52758                                             | -8                                                |
| Plates 10mm      | 48085                                             | 53965                                             | -11                                               |
| HR Coils 2.00mm  | 49914                                             | 56640                                             | -12                                               |
| CR Coils 0.63mm  | 52920                                             | 62835                                             | -16                                               |
| GP Sheets 0.63mm | 62847                                             | 67260                                             | -7                                                |
| Source: JPC      | Source: JPC                                       | Source: JPC                                       | Source: JPC                                       |

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