Lok Sabha Question No. 1831 (UNSTARRED), answered on 2023-12-13
Subject: Performance of Steel Sector
Ministry: STEEL
Asked by: Dean Kuriakose, K. Jayakumar, A. Chellakumar, T.N. Prathapan

## GOVERNMENT OF INDIA MINISTRY OF STEEL

## LOK SABHA UNSTARRED QUESTION NO.  1831 FOR ANSWER ON 13/12/2023

## PERFORMANCE OF STEEL SECTOR

1831.  ADV. DEAN KURIAKOSE: DR. K. JAYAKUMAR: DR. A. CHELLAKUMAR: SHRI T.N. PRATHAPAN:

Will the Minister of STEEL be pleased to state:

- (a)  the  details  of  the  targets  fixed  and  achieved  separately  for  steel  production  and domestic consumption since 2014, year-wise;
- (b) whether it is a fact that steel consumption is very low in the country and if so, the details thereof along with the reasons therefor;
- (c)  the  steps  taken  by  the  Government  to  increase  per  capita  usage  of  steel  in  the country; and
- (d) the details of the import of steel in the country since 2014, year-wise?

## ANSWER

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

MINISTRY OF STEEL

- (a) Steel is a deregulated sector and the targets & production for each year are fixed by  the  individual  steel  companies  based  on  market  dynamics  and  commercial considerations. Similarly, the steel consumption in the country is dependent on growth of the steel consuming sectors such as Construction, Infrastructure, Engineering & White Goods,  Automotive  and  Defence.  The  Government  facilitates  the  steel  Industry  for fostering steel production and consumption in the country. The details of steel production and consumption in the country, since 2013-14 are given below: -

| Year    |   Total Crude Steel Production (in MT) |   Total Finished Steel Consumption (in MT) |
|---------|----------------------------------------|--------------------------------------------|
| 2013-14 |                                  81.69 |                                      74.09 |
| 2014-15 |                                  88.98 |                                      76.99 |
| 2015-16 |                                  89.79 |                                      81.52 |
| 2016-17 |                                  97.94 |                                      84.04 |
| 2017-18 |                                 103.13 |                                      90.71 |
| 2018-19 |                                 110.92 |                                      98.71 |
| 2019-20 |                                 109.14 |                                     100.17 |
| 2020-21 |                                 103.54 |                                      94.89 |
| 2021-22 |                                 120.29 |                                     105.75 |
| 2022-23 |                                 127.2  |                                     119.89 |

(b)&(c): India is the 2 nd  largest consumer of finished steel in the world. During the year 2022-23, the steel consumption in the country was 119.89 MT and per capita steel consumption 86.7 kg. The Government facilitates the steel Industry for fostering steel production and consumption in the country. In that direction, Government has brought National Steel Policy (NSP), 2017 which envisages increase in steel consumption upto 230 MTPA and per capita steel consumption to upto 158 kg by 2030-31. Government's push for  infrastructure  development  through  Gati-Shakti  Master  Plan,  'Make-in-India' initiative for manufacturing sector and other flagship schemes of the Government as well as thrust for improving rate of the growth of the economy provides impetus to the demand and consumption of steel in the country.   Ministry  of  Steel  has  set  up  committee  of experts  from  Industry  and  Technical  Institutions  (IITs/NITs)  for  development  of  steel intensive designs for construction of houses and long span road bridges for fostering steel usage in Housing and Construction sector.

(d) The details of the import of the steel in the country since 2014, year-wise, is given below:

| Year                         | Total Finished Steel Import (in MT)   |
|------------------------------|---------------------------------------|
| 2013-14                      | 5.45                                  |
| 2014-15                      | 9.32                                  |
| 2015-16                      | 11.71                                 |
| 2016-17                      | 7.22                                  |
| 2017-18                      | 7.48                                  |
| 2018-19                      | 7.84                                  |
| 2019-20                      | 6.77                                  |
| 2020-21                      | 4.75                                  |
| 2021-22                      | 4.67                                  |
| 2022-23                      | 6.02                                  |
| Source: JPC; MT=million tons | Source: JPC; MT=million tons          |

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