Details of Production, Consumption and Stock of Finished Steel during last three years and current year are given below: –
| Finished Steel | ||||
| Year | Production (mt) | Consumption (mt) | Stock | |
| As on date | Quantity (mt) | |||
| 2019-20 | 102.62 | 100.17 | 31.03.2020 | 13.69 |
| 2020-21 | 96.20 | 94.89 | 31.03.2021 | 8.97 |
| 2021-22 | 113.60 | 105.75 | 31.03.2022 | 7.99 |
| 2022-23 (Apr-Feb*) | 109.35 | 107.20 | 28.02.2023* | 9.83 |
| Source: Joint Plant Committee (JPC); mt=million ton; *provisional | ||||
The details of category-wise imports, indicating both quantity and value, during the last three years and current year are given at Annexure-I.
The details of country-wise import, indicating both quantity and value, during last three years and current year are given at Annexure-II.
Steel consists of several grades & categories having 507 tariff lines at 8-digit classification in Chapter-72 with a total of 901 steel producing units in the country. The domestic production and consumption of finished steel during the last three years has risen, except for the FY 2020-21 due to Covid-19 pandemic induced disruption. Furthermore, overall share of domestic production in the consumption of finished steel has been increasing and that of imports are decreasing: –
| Year | Consumption (in mt) | % Share of Import in Consumption | % Share of Domestic Production in Consumption | ||
| Total | Share of import | Share of Domestic Production | |||
| 2019-20 | 100.17 | 6.77 | 93.4 | 6.76 % | 93.24 % |
| 2020-21 | 94.89 | 4.75 | 90.14 | 5.01 % | 94.99 % |
| 2021-22 | 105.75 | 4.67 | 101.08 | 4.42 % | 95.58 % |
| Source: Joint Plant Committee (JPC); mt=million ton | |||||
Annexure-I
(Quantity in thousand tonne & value in ₹ crore)
| Category-wise Import of Finished Steel | ||||||||
| Category | 2019-20 | 2020-21 | 2021-22 | 2022-23
(Apr-Feb*) |
||||
| Quantity | Value | Quantity | Value | Quantity | Value | Quantity | Value | |
| Non-Flat | ||||||||
| Bars & Rods | 273 | 1229 | 143 | 714 | 63 | 455 | 110 | 796 |
| Structurals | 38 | 218 | 31 | 176 | 14 | 104 | 8 | 79 |
| Rly. Materials | 51 | 387 | 63 | 453 | 68 | 581 | 71 | 827 |
| Flat | ||||||||
| Plates | 353 | 1787 | 379 | 2318 | 237 | 1977 | 157 | 1830 |
| HR Sheets | 6 | 24 | 1 | 6 | 0 | 0 | 0 | 1 |
| HR Coils/Strips | 1646 | 6821 | 828 | 3537 | 811 | 5349 | 1416 | 8353 |
| CR Coils/Sheets | 374 | 1896 | 222 | 1247 | 340 | 2465 | 347 | 2798 |
| GP/GC Sheets | 907 | 5790 | 767 | 5008 | 735 | 6282 | 822 | 7918 |
| Electrical Sheets | 540 | 4140 | 460 | 3139 | 430 | 5171 | 250 | 5663 |
| TMBP | 0 | 0 | 0 | 1 | 0 | 1 | 0 | 0 |
| Tin Plates | 183 | 846 | 138 | 644 | 54 | 307 | 11 | 96 |
| Tin Free Steel | 73 | 316 | 48 | 213 | 12 | 73 | 2 | 31 |
| Pipes | 345 | 2762 | 158 | 974 | 150 | 1111 | 193 | 1889 |
| Alloy/Stainless Steel | ||||||||
| Non-Flat | 379 | 3334 | 344 | 3055 | 214 | 3547 | 214 | 3845 |
| Flat | 1599 | 15133 | 1171 | 10670 | 1542 | 18876 | 1992 | 25816 |
| Finished Steel | 6768 | 44683 | 4752 | 32154 | 4669 | 46298 | 5592 | 59943 |
| Source: Joint Plant Committee (JPC); *provisional | ||||||||
Annexure-II
(Quantity in thousand tonne & value in ₹ crore)
| Import Of Finished Steel | ||||||||
| Country | 2019-20 | 2020-21 | 2021-22 | 2022-23
(Apr-Feb*) |
||||
| Quantity | Value | Quantity | Value | Quantity | Value | Quantity | Value | |
| Argentina | 26 | 288 | 7 | 74 | 1 | 6 | 0 | 1 |
| Australia | 4 | 25 | 2 | 11 | 1 | 5 | 0 | 7 |
| Austria | 13 | 199 | 71 | 650 | 9 | 650 | 8 | 527 |
| Baharain | 10 | 48 | 14 | 65 | 5 | 36 | 1 | 11 |
| Bangladesh | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 32 |
| Belgium | 74 | 434 | 56 | 477 | 28 | 240 | 30 | 407 |
| Brazil | 23 | 55 | 5 | 59 | 6 | 115 | 3 | 74 |
| Canada | 20 | 73 | 17 | 62 | 10 | 54 | 10 | 51 |
| China | 1207 | 8841 | 843 | 6302 | 833 | 9295 | 1340 | 15741 |
| Czech Rep | 2 | 18 | 0 | 6 | 1 | 24 | 2 | 42 |
| Denmark | 3 | 64 | 2 | 28 | 2 | 48 | 1 | 23 |
| Finland | 9 | 132 | 5 | 101 | 5 | 128 | 6 | 201 |
| France | 56 | 462 | 121 | 857 | 58 | 622 | 73 | 991 |
| Germany | 135 | 1149 | 146 | 1209 | 151 | 1511 | 99 | 1480 |
| Indonesia | 464 | 4309 | 79 | 771 | 241 | 4511 | 143 | 3289 |
| Iran | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Italy | 81 | 737 | 33 | 324 | 34 | 373 | 28 | 461 |
| Japan | 1018 | 6566 | 560 | 4428 | 664 | 6408 | 768 | 9059 |
| Kazakhstan | 3 | 15 | 11 | 41 | 1 | 6 | 6 | 46 |
| Korea | 2687 | 14681 | 1947 | 10863 | 2009 | 15904 | 2036 | 16998 |
| Kuwait | 8 | 29 | 3 | 10 | 3 | 12 | 3 | 12 |
| Malaysia | 51 | 475 | 42 | 347 | 8 | 71 | 17 | 329 |
| Nepal | 6 | 36 | 6 | 30 | 9 | 68 | 53 | 412 |
| Netherlands | 11 | 54 | 20 | 99 | 13 | 85 | 4 | 50 |
| New Zeland | 1 | 3 | 1 | 3 | 0 | 1 | 1 | 2 |
| Oman | 4 | 14 | 12 | 54 | 5 | 23 | 7 | 39 |
| Poland | 8 | 93 | 5 | 52 | 7 | 110 | 6 | 152 |
| Portugal | 2 | 18 | 1 | 6 | 2 | 28 | 2 | 34 |
| Romania | 3 | 42 | 1 | 15 | 1 | 24 | 1 | 26 |
| Russia | 71 | 657 | 63 | 526 | 55 | 768 | 310 | 2577 |
| Saudi Arabia | 8 | 41 | 36 | 150 | 14 | 83 | 8 | 54 |
| Singapore | 139 | 559 | 43 | 200 | 8 | 57 | 6 | 54 |
| Slovenia | 11 | 159 | 7 | 136 | 6 | 134 | 4 | 112 |
| South Africa | 22 | 181 | 15 | 144 | 8 | 129 | 5 | 116 |
| Spain | 32 | 286 | 20 | 151 | 27 | 215 | 20 | 197 |
| Sweden | 23 | 357 | 27 | 414 | 39 | 601 | 46 | 805 |
| Switzerland | 1 | 33 | 1 | 28 | 1 | 35 | 1 | 38 |
| Taiwan | 165 | 1002 | 186 | 1080 | 194 | 1610 | 158 | 1796 |
| Thailand | 52 | 298 | 50 | 343 | 25 | 285 | 51 | 486 |
| Turkey | 5 | 30 | 8 | 51 | 2 | 22 | 2 | 35 |
| U.K. | 17 | 147 | 11 | 81 | 6 | 58 | 4 | 76 |
| UAE | 21 | 100 | 21 | 106 | 24 | 126 | 11 | 110 |
| Ukraine | 84 | 313 | 31 | 133 | 22 | 168 | 6 | 46 |
| USA | 65 | 393 | 54 | 303 | 29 | 196 | 15 | 235 |
| Vietnam | 86 | 830 | 133 | 1265 | 75 | 1304 | 286 | 2659 |
| Others | 39 | 437 | 39 | 99 | 26 | 149 | 5 | 48 |
| TOTAL | 6768 | 44683 | 4752 | 32154 | 4669 | 46298 | 5592 | 59943 |
| Source: Joint Plant Committee (JPC); *provisional | ||||||||
This information was given by the Union Minister of State for Steel and Rural Development, Shri Faggan Singh Kulaste, in a written reply in the Lok Sabha yesterday.
Source : PIB
