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Steel Production in the Country

New Delhi: November 22,2012

The Minister of Steel, Shri Beni Prasad Verma has said that data on crude steel capacity and production in the country from 2006-07 to 2011-12 is shown in the table below:

 

India: Crude Steel (million tonnes or mt)

Year

Capacity

Production

2006-07

56.843

50.817

2007-08

59.845

53.857

2008-09

66.343

58.437

2009-10

75.001

65.839

2010-11

80.363

70.671

2011-12*

89.289

73.792

Source: JPC; *provisional

 

        

    He said, data on year-to-year change in crude steel production as shown in para (a) does not indicate any decline.

 

            In a written reply in the Rajya Sabha today Shri Verma said, Steel is a de-regulated sector.  The Government promotes/encourages growth of steel industry through suitable policy measures based on its assessment of industry performance.  Public Sector Undertakings like Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL) have launched their own expansion/modernization programmes to augment steel production capacity and adopt modern technology which is energy efficient, cost effective and environment friendly.    

 

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