Domestic Production of Steel

IAS Prelims 2023


azadi ka amrit mahotsav

 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

 

This information was given by the Minister of State in the Ministry of Steel Shri Faggan Singh Kulaste in a written reply in the Lok Sabha today.

 

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AKN/SK



Source PIB