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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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Steel minister  congratulates ArcelorMittal Nippon steel and Odisha government for signing of MOU for setting up mega steel plant in Kendrapada

Minister of Steel and PNG Shri Dharmendra Pradhan has extended his congratulations to steel major ArcelorMittal-Nippon Steel India and Odisha Government for signing an MoU on 4th March, 2021 for setting up a 12 MT integrated steel plant in Kendrapada district of Odisha with an investment of ₹ 50000 crore. “This mega steel plant in Kendrapada will bring a new ...

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Dharmendra Pradhan says that metals and mining sector can play an important role in the making of an Aatmanirbhar Bharat

The Minister of Petroleum and Natural Gas & Steel Shri Dharmendra Pradhan today said that metals and mining sector can play an important role in the making of an Aatmanirbhar Bharat. Speaking at the 58th National Metallurgists Day and at the 74th Annual Technical Meeting of the Indian Institute of Metals(IIM), he said that  this is a vibrant and growing sector, and ...

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Demand and Production of Steel

The announcements in Budget for the Financial Year, 2021-22 viz. Capex allotment of  Rs. 1,07,100 crore for Railways, 2.87 lakh crore outlay for Jal Jeevan Mission, Construction of roads under Bharatmala Pariyojana project, Swachh Bharat Mission 2.0, Scheme for Mega Textile Parks etc. will lead to increased demand for steel in the country. The Vision for Atmanirbhar Bharat and the ...

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Ministry of Steel to organise Webinar on Fostering Steel Usage in Rural and Agriculture Sector

Ministry of Steel in association with Confederation of Indian Industry (CII) is organizing a Webinar on ‘Aatmanirbhar Bharat: Fostering Steel Usage in Rural Economy, Agriculture,Rural Development, Dairying and Food Processing’ on 20th October 2020. Sh. Dharmendra Pradhan, Minister of Petroleum & Natural Gas and Steel will be the Guest of Honour at the webinar. Sh. Narendra Singh Tomar, Minister of ...

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