The Minister of State for Mines and Steel, Shri Vishnu Deo Sai has said that data on the number of public and private sector companies producing steel in the country, state-wise is in Annexure.
In a written reply in the Lok Sabha today, Shri Vishnu Deo Sai said that Steel is a deregulated sector. The Government does not play a direct role in setting up of steel plants.
The Minister said that data on domestic production of iron ore and crude steel during the last three years is given below. The data shows a steady increase in crude steel production in the country during this period and though iron ore production has declined in 2012-13 over 2011-12, it has risen in 2013-14 over 2012-13. The decline in iron ore production in 2012-13 may be attributed to the restrictions on mining operations (including exports) in the country in major producing states like Karnataka and Goa.
Shri Vishnu Deo Sai said that the Government has taken the following steps to boost the steel industry:
i) An Inter Ministerial Group (IMG) has been set up in the Ministry of Steel for effective coordination and expediting implementation of various investment projects in the steel sector.
(ii) A Project Monitoring Group (PMG) has been constituted under the Cabinet Secretariat to fast track various clearances/resolution of issues delaying the investments of Rs.1000 crores or more in the manufacturing/infrastructure sector including the steel sector.
(iii) To increase domestic value addition and improve iron ore availability for domestic steel industry, duty on export of iron ore has been increased to 30%. Recently, the Government has imposed export duty @ 5% ad-valorem on export of iron ore pellets.
(iv) Rates of custom duty on stainless steel flat products have been enhanced from 5% to 7.5% in the Union Budget for 2014-15.
In a written reply in the Lok Sabha today, Shri Vishnu Deo Sai said that Steel is a deregulated sector. The Government does not play a direct role in setting up of steel plants.
The Minister said that data on domestic production of iron ore and crude steel during the last three years is given below. The data shows a steady increase in crude steel production in the country during this period and though iron ore production has declined in 2012-13 over 2011-12, it has risen in 2013-14 over 2012-13. The decline in iron ore production in 2012-13 may be attributed to the restrictions on mining operations (including exports) in the country in major producing states like Karnataka and Goa.
| Iron Ore and Crude Steel Production (million tonnes) | |||
| Production Qty | 2011-12 | 2012-13 | 2013-14 |
| Iron ore (1) | 169 | 136 | 151 |
| Crude steel (2) | 74.29 | 78.42 | 81.69 |
| (1): Source: Indian Bureau of Mines (IBM), Nagpur, (2): Source: Joint Plant Committee ( JPC) | |||
Shri Vishnu Deo Sai said that the Government has taken the following steps to boost the steel industry:
i) An Inter Ministerial Group (IMG) has been set up in the Ministry of Steel for effective coordination and expediting implementation of various investment projects in the steel sector.
(ii) A Project Monitoring Group (PMG) has been constituted under the Cabinet Secretariat to fast track various clearances/resolution of issues delaying the investments of Rs.1000 crores or more in the manufacturing/infrastructure sector including the steel sector.
(iii) To increase domestic value addition and improve iron ore availability for domestic steel industry, duty on export of iron ore has been increased to 30%. Recently, the Government has imposed export duty @ 5% ad-valorem on export of iron ore pellets.
(iv) Rates of custom duty on stainless steel flat products have been enhanced from 5% to 7.5% in the Union Budget for 2014-15.
The Minister said that data on production, export, net production after export of iron ore and per capita consumption of total finished steel in the country is given below:-
| ITEM | UNIT | 2011-12 | 2012-13 | 2013-14 More From This Section |
| A. Production of iron ore (1) | Million Tonnes | 169 | 136 | 151 |
| B. Export of iron ore(2) | Million Tonnes | 47 | 18 | 16 |
| C. Net Production after export | Million Tonnes | 122 | 118 | 135 |
| D. Per capita consumption of total finished steel (3) | Kg | 58.2 | 59.3 | 59.2 |
| Source: (1) Indian Bureau of Mines (IBM), Source: (2) Directorate General Foreign Trade (DGFT), Source: (3) Joint Plant Committee (JPC). | ||||
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