(a) whether it is a fact that the share of domestic production in steel consumption in the country is decreasing whereas the share of imports is increasing in the country for the last few years;
(b) if so, the details thereof;
(c) whether the Government is contemplating to increase the customs duty to reduce the share of imports in steel consumption; and
(d) if so, the details thereof?
THE MINISTER OF STATE IN THE (SHRI FAGGAN SINGH KULASTE)
MINISTRY OF STEEL
(a)to(d): No, Sir. The following details of consumption and share of domestic production and import in the consumption of finished steel during the last three years and current year indicate that the share of domestic production in the consumption of finished steel has been increasing:
Year Consumption (in MT) % Share of Import in Consumption % Share of Domestic Production in Consumption
Total Share of import Share of domestic production
2019-20 100.17 6.77 93.40 6.8 % 93.2 %
2020-21 94.89 4.75 90.14 5.0 % 95.0 %
2021-22 105.75 4.67 101.08 4.4 % 95.6 %
2022-23
(April-June*) 27.69 1.17 26.52 4.2 % 95.8 %
Source: Joint Plant Committee (JPC), MT: Million Ton, *Provisional
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