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" Indian Govt has no target of Raising Crude Steel Production Capacity to 300 MnT " Steel Ministry

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11 Apr 2018, 18:42 IST
" Indian Govt has no target of Raising Crude Steel Production Capacity to 300 MnT " Steel Ministry

In a recent development it is understood that the earlier announced of the government target for crude steel production capacity to 300 MnT by 2030-31 has brought in line to do with demand & consumption than production which is based on the forecast of growth pattern of the country's GDP.

A year back that is in 2017 the Steel Ministry had said that " National Steel Policy 2017 sets a target to achieve 300 MnT of steel production capacity by 2030-31 and also gives a directional roadmap on how to achieve it".

During a question hour in the Lok Sabha on 26th March 2018 three members that is V. Elumalai, K. Ashok Kumar, Dr. Manoj Rajoria has put forward questions to the steel ministry:

1. whether the target of more than doubling domestic steel making capacity to 300 MT by 2030-31 could be achieved smoothly, if so, the details thereof along with the steps taken by the Government in this regard?
The Minister of State for Steel Vishnu Deo Sai replied that " The Government has not set any target of raising crude steel making capacity to 300 million tonnes by 2030-31. It is a projection of requirement based on a forecast of the growth path of GDP and steel consumption in the country. The Steel Policy 2017 has, however, discussed in detail the ways and means and the level of preparedness required to reach such a level.

2. Whether the Government has set up a task force to prepare a roadmap on increasing the use of steel in various infrastructure sectors, if so, the details thereof;
For which the minister of the state answered that " The Ministry of Steel has constituted Task Force in conjunction with relevant ministries for increasing steel usage in the Railways, Urban development, Road Transport & Highways and Shipbuilding sector".

3. whether the said task force will also analyse the impact of imported steel on domestic steel industry and the level of percentage of use of imported steel in the ongoing projects both in public and private sectors, if so, the details thereof;
Where the Minister of The State did not have any details

4. whether the Government has taken concrete steps to realise the aim of achieving a target of 150 MT steel consumption by the year 2020, if so, the details thereof along with the actual and the desired/targeted per capita consumption of steel in the country during each of the last four years and the current year?
The Government has not fixed any target of achieving 150 MT Steel consumption by the year 2020. However, as per National Steel Policy 2017 per capita steel consumption in the country is expected to be 160 kgs by 2030-31. Also there are no year wise targets for consumption of the steel in the country. The details regarding actual per capita consumption of finished steel for the last four years and the current year are as under:

Year India Crude
Steel Production (MnT)
Per captia consumption
of finished steel
in India

Qty. (kg)

2013-14 81.69 59.56
2014-15 88.98 61.15
2015-16 89.79 63.99
2016-17 98.14 65.25
2017-18, ( till February, 2018) (Provisional) 92.62 68.00
Source: JPC

 

   

11 Apr 2018, 18:42 IST

 

 

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