Question : Performance of SAIL-RINL

(a) whether the Steel Authority of India Limited (SAIL) and the Rashtriya Ispat Nigam Limited (RINL) are focusing on opening new market, to maximize sales and provide high standards of customer services;
(b) if so, the details thereof and the steps taken in this regard;
(c) the total production capacity, actual production, consumption, import and export of both iron ore and finished steel of all steel plants in the country during each of the last three years, plant-wise;
(d) whether there is any lack of supply of iron ore or raw material for the steel plants in the country; and
(e) if so, the details thereof and the steps taken by the Government to make steel industry more efficient?

THE MINISTER OF STATE FOR STEEL (SHRI VISHNU DEO SAI)

(a)&(b): Yes, Madam. Both SAIL and RINL have been focusing on market expansion, maximization of sales revenue and on the customer satisfaction front. With the expansion of SAIL’s and RINL’s product/grade mix from the existing and new Mills, both the companies have forayed into new markets segments in India and overseas viz. SAIL has forayed into Oil and Gas, Drum & Barrel market and construction segment on the domestic front and has also forayed into overseas markets such as Djibouti for Billets, Taiwan for Hot rolled Coils, Philippines for Wire Rod Coils and Billet, Thailand for Blooms, Bangladesh for Cold Rolled Coils and Japan for Wire Rod Coils and Singapore for TMT bars/coils. Similarly RINL, through its large network of Dealers and Retailers including e-retailers, is serving the requirements of urban, semi-urban and rural customers. In overseas segment, RINL has ventured into new export markets such as USA, Philippines and Sri Lanka.

Both SAIL and RINL have undertaken various initiatives towards customer satisfaction including booking orders as per the requirement of the customers.

(c) Data on the total production capacity, actual production, consumption, import and export of both iron ore and finished steel is at Annexure-I and Annexure-II respectively.

(d)&(e): No, Madam. There is sufficient availability of iron ore to meet the domestic consumption in the country. For ensuring adequate supply of iron ore to the domestic steel industries, Government has taken following steps:-

(i) Notified Mines and Minerals (Development and Regulation) Amendment Act, 2015, which provide auction mechanism for grant of Mining leases.
(ii) Imposed export duty @30% on Iron Ore Lumps/Fines above 58% Fe content.
(iii) Notified National Steel Policy 2017 with a view to encourage long term growth of domestic steel sector.

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