THE MINISTER OF STEEL (SHRI BENI PRASAD VERMA)
(a)to(f): A Statement is laid on the Table of the Lok Sabha.
STATEMENT REFERRED TO IN REPLY TO PART (A) TO (F) OF THE LOK SABHA STARRED QUESTION NO.100 TO BE ANSWERED ON 28/11/2011 TABLED BY SHRI HANSRAJ
G. AHIR AND SHRIMATI SUPRIYA SULE, MEMBERS OF PARLIAMENT REGARDING NATIONAL STEEL POLICY
(a)&(b): No, Madam. The figures of real consumption, total production for sale, import and export of finished steel during last three years
and the current year are given below:-
Year Total Finished Steel(million tonnes)
Production Import Export Real for sale Consumption
2008-09 57.16 5.84 4.44 52.35
2009-10 60.62 7.38 3.25 59.33
2010-11 66.01 6.80 3.46 65.61
2011-12 34.86 2.88 2.26 34.03
April-
September
% change 9.5 (-)35.8 53.3 2.8
Source: Joint Plant Committee (JPC ); provisional; over same period of last year
As seen from the Table above, production of finished steel for sale in the country has been consistently higher than the real consumption
of steel in the country. However, a small quantity of import as well as export of various products of steel takes place depending upon the specific
requirements of the individual companies. The quantity of import has significantly reduced by about 35.8% during April-September 2011 in comparison
to the corresponding period of the previous year.
(c) Ministry of Steel has not made any such request recently to Ministry of Finance for increase in export duty on steel.
(d) No question arises in view of (c) above.
(e)&(f): Yes, Madam. In view of changed economic environment, both globally as well as domestically, Ministry of Steel has initiated the process
of drafting the New National Steel Policy in place of existing National Steel Policy 2005. An Apex Committee, headed by Secretary, Ministry of
Steel and consisting of representatives of Planning Commission, Ministries/ Departments of Central Government and concerned State Governments
has been constituted for monitoring the process of formulation of the New National Steel Policy. Four Task Forces have been constituted under
the Chairmanship of eminent experts to study, analyze, consult and formulate draft policy documents in different aspects of the subject. These
task forces are currently in various stages of discussion and consultation with the stakeholders and experts in the industry to identify all
the relevant issues and come up with the policy prescriptions. A final view on the New National Steel Policy will be taken on receipt of
reports of these Task Forces and after discussions with the various stakeholders in the matter.
