Lok Sabha Question No. 2278 (UNSTARRED), answered on 2023-08-02
Subject: Decline in Steel Consumption
Ministry: STEEL
Asked by: Narendra Kumar

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA UNSTARRED QUESTION NO. 2278

FOR ANSWER ON 02.08.2023

## DECLINE IN STEEL CONSUMPTION

2278. SHRI NARENDRA KUMAR:

Will the Minister of STEEL be pleased to state:

- (a) whether the share of domestic production in steel consumption in the country is declining while the share of imports is increasing;
- (b) if so, the details thereof;
- (c)  whether  the  Government  proposes  to  increase  the  customs  duty  to  reduce  the share of imports in steel consumption; and
- (d) if so, the details thereof?

## ANSWER

THE MINISTER OF STATE IN THE (SHRI FAGGAN SINGH KULASTE)

MINISTRY OF STEEL

(a)&(b): The share of domestic production and imports in steel consumption in the  country  are  generally  at  the  same  level  during  the  last  03  financial  years.  The details on consumption and imports of total finished steel along with shares of imports and domestic production in consumption during last three years are shown below:-

|                                                     | Total Finished Steel Consumption (non-alloy + alloy/stainless)   | Total Finished Steel Consumption (non-alloy + alloy/stainless)   | Total Finished Steel Consumption (non-alloy + alloy/stainless)   | Total Finished Steel Consumption (non-alloy + alloy/stainless)   |
|-----------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|------------------------------------------------------------------|
| Financial Year                                      | Consumption (mt)                                                 | Import (mt)                                                      | Share of imports in consumption                                  | Share of domestic production in consumption                      |
| 2020-21                                             | 94.89                                                            | 4.75                                                             | 5.0%                                                             | 95.0%                                                            |
| 2021-22                                             | 105.75                                                           | 4.67                                                             | 4.4%                                                             | 95.6%                                                            |
| 2022-23                                             | 119.89                                                           | 6.02                                                             | 5.0%                                                             | 95.0%                                                            |
| Source: Joint Plant Committee(JPC); mt=million tons | Source: Joint Plant Committee(JPC); mt=million tons              | Source: Joint Plant Committee(JPC); mt=million tons              | Source: Joint Plant Committee(JPC); mt=million tons              | Source: Joint Plant Committee(JPC); mt=million tons              |

(c)&(d):   Government monitors the impact of tariff measures on all products and takes measures in national interest.

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