MINISTER OF STATE FOR STEEL (SHRI DILIP RAY)
(a), (b) & (d): After liberalisation of the steel industry, the production of steel is driven by market forces and no guidelines are issued in this regard by the Government. The main producers of steel in the public and private sector plan their production based on their demand projection. The total domestic production of finished steel during last three years was as below:-
(in million tonnes)
1996-97 1997-98 1998-99
Finished Steel 22.72 23.37 23.82
(c) & (e): As per the projection made by the Working Group on Iron and Steel for the IX Five Year Plan set up by Planning Commission the production of finished steel will reach 38.01 million tonnes by 2001-02, the terminal year of IX Five Year Plan. To help the industry achieve the above targets, Government has taken several steps to boost the demand for steel which inter-alia include:
Orienting product-mix to suit the market requirements and adjusting production in tune with change in the market demand. Developing and nourishing long term customers relationship by entering into MOUs/supply arrangement with the customers. A `Steel Exporters Forum` has been set up to help steel exporters to overcome bottlenecks in exports. To boost the demand and consumption of steel, the Development Commissioner for Iron and Steel (DCI&S) has launched a National campaign for increasing the demand for steel, especially in non-traditional sectors such as rural and agro based industrial sector. Rationalisation of Duty Entitlement Pass Book (DEPB) rates for steel exports have been carried out to boost exports. An Empowered Committee has been set up to examine & assist specific Research & Development Projects to improve technology for Steel making & enhance quality of Indian Steel.