Lok Sabha Question No. 115 (STARRED), answered on 2024-12-03
Subject: Self-Sufficiency in Steel Production
Ministry: STEEL
Asked by: Shri Azad Kirti Jha

THE MINISTER OF STEEL

(a)to(c):

(SHRI H. D. KUMARASWAMY)

A statement is laid on the Table of the Lok Sabha.

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## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA

## STARRED QUESTION NO. *115 FOR ANSWER ON 03.12.2024

## SELF-SUFFICIENCY IN STEEL PRODUCTION

- *115.   SHRI AZAD KIRTI JHA:

Will the Minister of STEEL be pleased to state

(a) whether the Government has laid down a road map towards achieving self-sufficiency in steel production, if so, the details thereof and the timeline fixed in this regard;

(b) whether PSUs are instrumental in meeting self-sufficiency in steel production, if so, the details thereof; and

(c) whether any PSU under the Ministry of Steel is currently being planned for strategic disinvestment/minority sale and if so, the details thereof?

## ANSWER

## STATEMENT REFERRED TO IN REPLY TO PARTS (A)TO(C) OF THE LOK SABHA STARRED (*) QUESTION NO *115 FOR ANSWER ON 03/12/2024 TABLED BY SHRI AZAD KIRTI JHA, MEMBER OF PARLIAMENT REGARDING 'SELF-SUFFICIENCY IN STEEL PRODUCTION'

- (a) India is self-sufficient in most grades of steel, with imports contributing a very small percentage  of  the  country's  steel  production.  The  details  regarding  steel  production, imports and consumption are as under:-
- (b) Steel Authority of India Limited (SAIL), NMDC Steel Limited (NSL) and Rashtriya Ispat Nigam Limited (RINL) are the Public Sector Undertakings which contribute 17% of crude steel production in the country, with a production of 24 million tonnes out of a total crude steel production of 144 million tonnes in FY 2023-24.
- (c) Cabinet Committee on Economic Affairs has given in-principle approval for the strategic disinvestment of steel CPSEs and units of SAIL which are at various stages of processing, the details of which are as follows: -

| Year                                             | Finished Steel (in million tonne)                | Finished Steel (in million tonne)                |
|--------------------------------------------------|--------------------------------------------------|--------------------------------------------------|
|                                                  | Production                                       | Consumption                                      |
| 2019-20                                          | 102.62                                           | 100.17                                           |
| 2020-21                                          | 96.2                                             | 94.89                                            |
| 2021-22                                          | 113.6                                            | 105.75                                           |
| 2022-23                                          | 123.2                                            | 119.89                                           |
| 2023-24                                          | 139.15                                           | 136.29                                           |
| April-October 2024-25*                           | 82.81                                            | 85.7                                             |
| Source: Joint Plant Committee(JPC); *provisional | Source: Joint Plant Committee(JPC); *provisional | Source: Joint Plant Committee(JPC); *provisional |

|   S.No. | Name of PSE                                      | Date of CCEA approval                            | Status                                                   |
|---------|--------------------------------------------------|--------------------------------------------------|----------------------------------------------------------|
|       1 | Ferro Scrap Nigam Limited                        | 27.10.2016                                       | Share purchase agreement signed                          |
|       2 | Rashtriya Ispat Nigam Ltd.                       | 27.01.2021                                       | Ongoing Transaction                                      |
|       3 | NMDC Steel Limited (NSL)                         | 27.10.2016                                       | Ongoing Transaction                                      |
|       4 | Units of Steel Authority of India Limited (SAIL) | Units of Steel Authority of India Limited (SAIL) | Units of Steel Authority of India Limited (SAIL)         |
|       4 | Alloy Steel Plant, Durgapur                      | 27.10.2016                                       | Current transaction annulled due to insufficient bidders |
|       4 | Salem Steel Plant, Salem                         | 27.10.2016                                       | Current transaction annulled due to insufficient bidders |
|       4 | Visvesvaraya Iron and Steel Plant, Bhadrawati    | 27.10.2016                                       | Current transaction annulled due to insufficient bidders |

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