(a) whether the prices of almost all the materials being utilized in the production of
steel have gone up in the country during the year 2007;
(b) if so, the percentage of increase registered in the prices of the each of the components
used in production of steel during the said period separately;
(c) the name of the materials which are being supplied by the public sector in the country; and
(d) the impact of price rise in raw material on selling price for the consumers?
THE MINISTER OF STATE IN THE MINISTRY OF STEEL(SHRI JITIN PRASADA)
(a) Yes, Sir.
(b) The increase registered in the raw material spot prices (FOB) of the main steel making
raw materials from January 2007 to December 2007 is given in the table below alongwith the
percentage increase during the said period :-
Raw Material Spot Prices (FOB)
Period NMDC (LTA) Price India Spot (Export) Iron Ore 63.5% Fe Australian Spot hard Coking Coal China met Coke 12.5% Ash Shredded Scrap (In Rs./tonne) (In $/tonne) (In $/tonne) (In $/tonne) (In $/tonne) Jan-07 1114 60.0 98.0 180.0 280 Feb-07 59.5 100.0 180.0 290 Mar-07 62.5 103.0 185.0 340 Apr-07 1209 70.0 107.0 195.0 307 May-07 75.0 109.0 212.0 313 Jun-07 74.5 120.0 252.0 300 Jul-07 78.0 129.0 256.0 295 Aug-07 88.0 140.0 256.0 302 Sep-07 114.0 150.0 275.0 302 Oct-07 1783 130.0 165.0 340.0 302 Nov-07 155.0 172.5 400.0 302 Dec-07 140.0 180.0 390.0 317 %age Increase 60% 133.3 83.7 116.7 13.2
Bailadila Fines (64.5/64% Fe less than 10 mm) Pithead price exclusive of freight and taxes.
Cost of Raw Materials per tonne of Crude Steel Rs./Tonne Name of Producer Jan-Mar 2007 Apr-June 2007 July-Sept 2007 Oct-Dec 2007 Steel Authority of India Ltd. 9131 8822 8902 8886 Tata Steel Ltd. 7635 7796 6977 8340 JSW Ltd. 14750 15274 15383 16530