Production, Consumption and Export of Steel

for Ministry of Steel | Date - 14-03-2005


    The production and apparent consumption of Finished Carbon Steel in the country during the last three financial years is given below:

(in million tonnes)

Item

2001-02

2002-03

2003-04

2003-04

(April-Feb.2004)

2004-05

(Apr. Feb. 2005)(Prov.)

Finished Carbon Steel

Production

 

 

30.63

 

 

33.67

 

 

36.957

 

 

33.616

 

 

34.750

Apparent consumption

27.43

28.89

31.169

28.871

30.700

(Source: Joint Plant Committee)

(Quantity : in million tonnes)

(Value : Rs. Crores)

Exports of finished carbon steel

2001-02

2002-03

2003-04

Qty                   Value

Qty.        Value

Qty.               Value

2,.704                 4722

4.506        8330

4.835              9654

(Source: Joint Plant Committee)

            Exports of Finished Carbon Steel during April-February 2005 have been estimated to be 3.3 million tonnes as compared to 4.084 million tonnes during the corresponding period last year, a reduction of 19.2%. The reduction in exports is due to increase in domestic demand.

            SAIL has chalked out a strategy to strengthen its presence neighbouring export markets. Its share of total exports in neighbouring markets  (viz., Nepal, Bangladesh, Myanmar and Sri Lanka) has increased to 50% during the period April to February, 2005, as compared to 30% during the corresponding period of the previous year.

            This information was given today in the Lok Sabha by the Minister of Chemicals & Fertilizers and Steel, Shri Ram Vilas Paswan in a written reply to a question.

BJ:KK

    The production and apparent consumption of Finished Carbon Steel in the country during the last three financial years is given below:

(in million tonnes)

Item

2001-02

2002-03

2003-04

2003-04

(April-Feb.2004)

2004-05

(Apr. Feb. 2005)(Prov.)

Finished Carbon Steel

Production

 

 

30.63

 

 

33.67

 

 

36.957

 

 

33.616

 

 

34.750

Apparent consumption

27.43

28.89

31.169

28.871

30.700

(Source: Joint Plant Committee)

(Quantity : in million tonnes)

(Value : Rs. Crores)

Exports of finished carbon steel

2001-02

2002-03

2003-04

Qty                   Value

Qty.        Value

Qty.               Value

2,.704                 4722

4.506        8330

4.835              9654

(Source: Joint Plant Committee)

            Exports of Finished Carbon Steel during April-February 2005 have been estimated to be 3.3 million tonnes as compared to 4.084 million tonnes during the corresponding period last year, a reduction of 19.2%. The reduction in exports is due to increase in domestic demand.

            SAIL has chalked out a strategy to strengthen its presence neighbouring export markets. Its share of total exports in neighbouring markets  (viz., Nepal, Bangladesh, Myanmar and Sri Lanka) has increased to 50% during the period April to February, 2005, as compared to 30% during the corresponding period of the previous year.

            This information was given today in the Lok Sabha by the Minister of Chemicals & Fertilizers and Steel, Shri Ram Vilas Paswan in a written reply to a question.

BJ:KK


(Release ID :7746)

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