Question : PERFORMANCE OF STEEL SECTOR

(a) the number of public and private sector steel plants presently operating along with their fina- ncial status in the country;

(b) whether despite continuous support from the Government some public sector steel plants inc- luding Steel Authority of India plants are incu- rring huge losses during the last three years;

(c) if so, the details thereof and the reasons therefor;

(d) whether the Government has fixed any target in the New National Steel Policy for the growth of the steel sector and if so, the details thereof; and

(e) the steps taken by the Government to improve the performance and growth of the steel sector in the country?

THE MINISTER OF STATE IN THE MINISTRY OF STEEL AND MINES (SHRI VISHNU DEO SAI)

(a) There are 9 steel plants in the public sector and 1321 steel plants in the private sector. Net profit/loss of leading steel plants in the country based on data as available with Joint Plant Commi- ttee (JPC) is given below:-

 
 Company	Net Profit/Loss (Rs. in crore)	2011-12	2012-13	2013-14 
 SAIL	3542.72	2170.35	2616.48 RINL	751.00	353.00	366.00 Tata Steel	6696.40	5062.97	6412.19 (Standalone) JSW Steel	1625.86	1801.22	1334.51 JSW Ispat	(316.	85.81	- Steel	92) JSPL (Standa-	2110.65	1592.55	1291.95 lone) Essar Steel	(1251)	(2785)	N.A. 
 
 Source: company balance sheets ; part of JSW Steel w.e.f. 2012-13; Figures in () indicate Net Loss 
 
 (b)&(c): The financial performances of the two steel plants in the public sector i.e. SAIL and RINL for the last three years as shown above indicates that both plants reported a net profit during this period. 
 
 (d) As per the National Steel Policy, 2005 the proje- ctions of steel production by the year 2019-20 are at 110 MT. 
 
 (e) Steel being a deregulated industry, the role of the Government is limited to that of a faci- litator only.