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Total Steel Production Capacity in the Country at Present is 143.91 Million Tonnes

The total steel production capacity of the country at present is 143.91 million tonnes. The details of units engaged in steel production, both in Public and Private Sector are enclosed as Annexure. As per Indian Mineral Yearbook, 2019 published by Indian Bureau of Mines, there were 254 reporting mines in 2018-19, out of which 35 mines were in the Public Sector ...

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10.78 Million Ton Total Finished Steel Exported in 2020-21

Details of export of finished steel as compared to imports is given as follows: –                                                                                            (in Million Ton) Year Total Finished Steel   Import Export 2020-21 4.75 10.78 April-June, 2021* 1.16 3.56                 *Provisional, Source: Joint Plant Committee (JPC) Steel is a de-regulated sector.  Commercial decisions such as exports are taken by the steel companies. The details ...

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Steel Minister Shri Ram Chandra Prasad Singh holds the performance review meeting of RINL, MSTC, KIOCL AND MOIL

Union Minister of Steel Shri Ram Chandra Prasad Singh,along with Shri Faggan Singh Khulaste, MoS,today reviewed the activities and performance of RINL & its subsidiaries- BSLC & OMDC, MSTC & its subsidiary FSNL, KIOCL and MOIL. CMD, RINL made a presentation regarding its physical and financial performance, major ongoing projects, important initiatives, areas of concern and the way forward. Steel ...

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Shri Dharmendra Pradhan inaugurates the 270 Bedded Oxygenated COVID Care Centre at JSPL, Angul, Odisha

Union Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan today dedicated the COVID Care Centre at Jindal Steel & Power Ltd (JSPL) Plant Angul, Odisha in the presence of Odisha Health & Family Welfare Minister Shri Naba Kisore Das and JSPL’s Chairman Shri Naveen Jindal. Sambalpur MP Shri Nitesh Ganga Deb, Chhendipada MLA Shri Susanta Kumar Behera, ...

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Petroleum and steel sector companies facilitating 12,000 oxygenated beds at Covid care centres

Steel plants, across the country, belonging to the Public as well as the Private sectors, have been reguklarly supplying the life-saving Liquid Medical Oxygen (LMO) to the country. Under the guidance of the Minister of Steel and Petroleum and Natural Gas Shri Dharmendra Pradhan, they have undertaken a number of steps to fight the Covid-19 pandemic, and bring relief to ...

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4686 MT of life-saving Liquid Medical Oxygen supplied by steel plants

Steel fraternity stands united in the service of nation in this time of crisis. A total of 4686 MT of life-saving Liquid Medical Oxygen (LMO)was supplied by steel plants on 10th May. It included 1193 MT by SAIL, 180 MT by RINL, 1425 MT by TATA group, 1300 by JSW, and rest by other steel companies in the public and private ...

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Comprehensive Action Plan for fulfilment of Industrial ambition of Odisha

Production of 100 Million Tonnes of Steel per year and 50% of its value addition in Odisha by the year 2030 calls for a comprehensive action plan Govt of India contemplates to produce 300 Million Tonnes of steel in India by 2030. This will help achieving an economy of 5 trillion US dollars from the present 2.75 trillion US dollars. ...

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Steel Import and Export

Details of country-wise import and export of finished steel during last three years and current year i.e., April-January, 2020-21 (prov.) are placed at Annexure-I & Annexure-II respectively. Details of state wise details of crude steel production during last three years and the current year i.e., April-January, 2020-21 (prov.) are placed at Annexure-III. Annexure-I     IMPORT OF FINISHED STEEL (‘000 tonnes)   Country 2017-18 ...

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National Steel Policy

National Steel Policy enshrines the long term vision of the government to give impetus to the steel sector.  The policy envisages to create a technologically advanced and globally competitive steel industry that promotes self-sufficiency in steel production as well as economic growth. Steel being a de-regulated sector, government acts a facilitator, by creating enabling environment for development of steel sector.  ...

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Performance of Government-Owned Steel Companies

There are two steel manufacturing Public Sector Undertakings (PSUs) under the administrative control of Ministry of Steel, namely, Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL).  The revenue generated by SAIL and RINL during the last five years is given at Annexure-I. The steel industry witnessed severe downturn globally with demand slowdown, overcapacity, cheaper imports, variations in ...

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