Production and Consumption of Steel

govt of indiaThe Minister of Steel, Shri Beni Prasad Verma has said that data on production for sale, real consumption and stock of total finished steel (alloy + non-alloy) during the last three years and the current year is given below:-

 

Year

Total Finished Steel (alloy + non-alloy)   (million tonnes or mt)

Production for sale

Real Consumption

Available stock at

the end of the year

2010-11

68.62

66.42

2.347

2011-12

75.70

71.02

2.894

2012-13*

77.62

73.33

1.824

April-June, 2013-14*

19.57

17.80

1.626

Source: JPC; *provisional

 

In a written reply in the Rajya Sabha today Shri Verma said, data on the volume and value of import of total finished steel into the country during the current year, i.e. April-June, 2013-14 is given below. Detailed data sheet showing item-wise value of imports is enclosed (Annexure-1).

 

Year

Import of Total Finished Steel (alloy + non-alloy)

Volume (mt)

Value (Rs. crore)

April-June, 2013-14*

1.33

6786

Source: JPC; *provisional

 

Shri Verma said, data on the volume and value of import of total finished steel into the country during the current year, i.e. April-June, 2013-14 is given below for the top five import markets for India. Detailed data sheet showing country-wise value of imports is enclosed (Annexure-2).

 

Import of Total Finished Steel (alloy + non-alloy) : April-June 2013-14*

Top 5 import markets

Volume (‘000t)

Value (Rs. crore)

Japan

372

1700

South Korea

275

1414

China

242

1121

Ukraine

103

327

Germany

67

449

Top 5 total

1059

5011

% Share: Top 5

80

74

Source: JPC; *provisional

     

There is no specific information to establish whether the domestic steel industries have been affected adversely by import of steel, in the recent years, the Minister added.