Lok Sabha Question No. 958 (UNSTARRED), answered on 2021-07-26
Subject: Import of Steel
Ministry: STEEL
Asked by: Narendra Kumar, Raksha Nikhil Khadse, Manoj Kishorbhai Kotak

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA

## UNSTARRED QUESTION NO.958

FOR ANSWER ON 26/07/2021

## IMPORT OF STEEL

958. SHRI NARENDRA KUMAR: SHRIMATI RAKSHA NIKHIL KHADSE: SHRI MANOJ KOTAK:

Will the Minister of STEEL be pleased to state:

- (a) whether the share of domestic production of steel is decreasing while the import of steel is increasing and if so, the details thereof;
- (b) whether India has become a net importer of steel during the last few years and if so,  the  quantity  of  steel  imported  during  each  of  the  last  three  years  and  the  current year;
- (c) whether  India  is  likely  to  import  maximum  steel  in  the  next  few  years  due  to increase in demand for steel and if so, whether any new steel policy in particular has been framed by the Government;
- (d) if so, the details thereof ; and
- (e) whether the Government proposes to increase custom duty on steel to reduce its import and if so, the details thereof ?

## ANSWER

THE MINISTER OF STEEL (SHRI RAM CHANDRA PRASAD SINGH)

- (a) The following details of consumption and share of domestic production and import in the consumption of finished steel during the last three years and current year indicate that  the  share  of  domestic  production  in  the  consumption  of  finished  steel  has  been increasing:-

| Finished Steel (in million tonnes)   | Finished Steel (in million tonnes)   | Finished Steel (in million tonnes)   | Finished Steel (in million tonnes)   | Finished Steel (in million tonnes)   | Finished Steel (in million tonnes)           |
|--------------------------------------|--------------------------------------|--------------------------------------|--------------------------------------|--------------------------------------|----------------------------------------------|
| Year                                 | Consumption                          | Production                           | Import                               | %Share of Import in consumption      | %Share of Domestic Production in Consumption |
| 2018-19                              | 98.71                                | 101.29                               | 7.84                                 | 7.9                                  | 92.1                                         |
| 2019-20                              | 100.17                               | 102.62                               | 6.77                                 | 6.8                                  | 93.2                                         |
| 2020-21                              | 94.89                                | 96.20                                | 4.75                                 | 5.0                                  | 95.0                                         |
| April-June 2021*                     | 24.85                                | 26.23                                | 1.16                                 | 4.7                                  | 95.3                                         |
| Source: JPC; *provisional            | Source: JPC; *provisional            | Source: JPC; *provisional            | Source: JPC; *provisional            | Source: JPC; *provisional            | Source: JPC; *provisional                    |

(b) The  details  of  export  and  import  of  finished  steel  during  last  three  years  and current year as given below indicate that India has been a net exporter of finished steel since 2019-20.

| Year                      | Finished Steel (in million tonnes)   | Finished Steel (in million tonnes)   |
|---------------------------|--------------------------------------|--------------------------------------|
|                           | Import                               | Export                               |
| 2018-19                   | 7.84                                 | 6.36                                 |
| 2019-20                   | 6.77                                 | 8.36                                 |
| 2020-21                   | 4.75                                 | 10.78                                |
| April- June, 2021*        | 1.16                                 | 3.56                                 |
| Source: JPC; *provisional | Source: JPC; *provisional            | Source: JPC; *provisional            |

(c)to(e):  The  demand  for  steel  in  the  country  is  predominantly  met  by  domestic production  and  the  percentage  share  of  import  in  consumption  has  been  gradually declining for last three years.

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