(a) whether the share of domestic production in consumption of Steel is declining in the country whereas the share of import is increasing over the years;
(b) if so, the details thereof;
(c) whether the Government proposes to increase the custom duty in order to minimize the share of import in consumption of Steel; and
(d) if so, the details thereof?
THE MINISTER OF STEEL (SHRI DHARMENDRA PRADHAN)
(a)&(b): No, Sir. Data on total consumption, share of domestic production and imports in consumption for the last three years is given below. This indicates a declining trend in the share of imports and a positive growth of share of domestic production in consumption of total finished Steel.
Year CONSUMPTION (in MT) % Share of Import in Consumption % Share of Domestic
Production in Consumption
Total
Share of Domestic Production Share of Import
2016-17 84.04 76.81 7.23 8.6 91.4
2017-18 90.70 83.22 7.48 8.2 91.8
2018-19 98.71 90.87 7.84 7.9 92.1
Source: JPC, mt= million tonnes
(c)&(d): Decision for notifying changes in Import or Export duties are dependent on multiple factors.
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