Republic of India becomes second largest steel producer

[Hindustani78]

Finished steel coils waiting to be shipped at Essar Steel Algoma's plant in Sault Ste. Marie, Ontario, Canada. File Photo: N. Ramakrishnan

http://www.thehindu.com/business/In...el-producer/article18525131.ece?homepage=true
Stainless steel production rose to 3.32 million tons for 2016: ISSF

India overtook Japan to become the second-largest steel producer in the world after China in 2016, according to data released by the International Stainless Steel Forum (ISSF).

India’s stainless steel production rose to 3.32 million tons for 2016 showing an impressive growth of about 9% over 3.0 million tons achieved in 2015, ISSF said at their annual conference in Tokyo, Japan.


“This is a great moment for the Indian stainless steel industry,” KK Pahuja, president, Indian Stainless Steel Development Association (ISSDA) said. “ISSDA urges continuous policy support from the government to take the Indian stainless steel industry to newer heights. ISSDA will continue to work with all stakeholders to promote stainless steel based solutions for sustainability and growth.”

“Several government initiatives like ‘Make in India’, smart cities, focus on improving sanitation & waste management facilities, building new infrastructure are is likely to give a strong push to the stainless-steel industry in future,” Mr. Pahuja added.

 

[gslv mk3]

Excellent

 

[beijingwalker]

Not according to the official data.

Top 10 steel-producing countries
Rank Country 2016 (Mt) 2015 (Mt) %2016/2015
1 China 808.4 798.8 1.2
2 Japan 104.8 105.1 -0.3
3 India 95.6 89.0 7.4
4 United States 78.6 78.8 -0.3
5 Russia 70.8 70.9 -0.1
6 South Korea 68.6 69.7 -1.6
7 Germany 42.1 42.7 -1.4
8 Turkey 33.2 31.5 5.2
9 Brazil 30.2 33.3 -9.2
10 Ukraine 24.2 23.0 5.5

https://www.worldsteel.org/media-ce...e-steel-output-increases-by-0.8--in-2016.html

https://en.wikipedia.org/wiki/List_of_countries_by_steel_production

 

[nang2]

Not according to the official data.

Top 10 steel-producing countries
Rank Country 2016 (Mt) 2015 (Mt) %2016/2015
1 China 808.4 798.8 1.2
2 Japan 104.8 105.1 -0.3
3 India 95.6 89.0 7.4
4 United States 78.6 78.8 -0.3
5 Russia 70.8 70.9 -0.1
6 South Korea 68.6 69.7 -1.6
7 Germany 42.1 42.7 -1.4
8 Turkey 33.2 31.5 5.2
9 Brazil 30.2 33.3 -9.2
10 Ukraine 24.2 23.0 5.5

https://www.worldsteel.org/media-ce...e-steel-output-increases-by-0.8--in-2016.html

https://en.wikipedia.org/wiki/List_of_countries_by_steel_production

Close enough. Cut them some slack.

 

[beijingwalker]

Close enough. Cut them some slack.

Ok, whatever India media says

The OP title says steel producer and the contents are saying stainless steel producer, very misleading.

 

[Hindustani78]

Ok, whatever India media says

The OP title says steel producer and the contents are saying stainless steel producer, very misleading.

You should see a bit carefully

Finished steel coils waiting to be shipped at Essar Steel Algoma's plant in Sault Ste. Marie, Ontario, Canada. File Photo: N. Ramakrishnan

 

[beijingwalker]

Actually beside China , all other countries shares are very similar, no big difference indeed.

 

[neem456]

Makes no difference, when we look at China.
We will remain no.2 for a bloody long time.

 

[Hindustani78]

Ministry of Steel

10-June, 2017 15:50 IST
Steel Minister Chaudhary Birender Singh Addresses Press Conference on Achievements of NDA Government during 3 Years

SPU project in Kandruri Distt. Kangra in Himachal Pradesh to be operationalized within next couple of months

The Union Steel Minister Chaudhary Birender Singh addressed a press conference after holding a Consultative Committee meeting on achievements of the NDA Government and specially of the Steel Ministry during the 3 Years of the Government in Dharamshala today. He said that the Indian steel industry is ready to become the second largest steel producer in the world, leaving behind Japan.


Chaudhary Birender Singh said that the steel sector will become more vibrant and dynamic after the ‘National Steel Policy (NSP) 2017’ and ‘Policy for preference to domestically manufactured iron & steel products in government procurement’ becomes effective. The NSP reflects the aspirations of domestic steel industry for achieving 300MT of steelmaking capacity by 2030-31. This translates into additional investment of about Rs. 10 lakh Crore and 11 lakh additional workforce getting employed in the steel sector.


Speaking on the Steel Processing Unit (SPU) project in Kandruri Distt. Kangra in Himachal Pradesh, he said that the Steel Processing Unit will be operationalized within the next couple of months. This involves an investment of around Rs. 76 crores. This unit will produce value-added products like TMT bars approximately 1 lakh tonne per annum.


Shri Birender Singh said that Steel industry needs to go for value-added steel in order to improve competitiveness globally. “For example SAIL & Arcelor Mittal would soon formalize the Joint Venture for production of automotive-grade steel. This will be a big step-forward under the Prime Minister’s Make in India Programme” Shri Singh added.


The Minister also announced the institution of Best Steel Structures Awards for best steel structures in PMAY (Rural and Urban), building projects, and roads made with steel reinforced cement concrete and other extraordinary structures using steel in abundance. Steel consumption will get a big boost due to these initiatives.


Dr. Aruna Sharma, Secretary Steel, and Senior Officials from the Ministry &the Steel PSUs were present on the occasion.


Pursuing a clear agenda of growth, the Ministry of Steel has had many firsts to its credit. In the year 2015, India became the third largest producer of steel in the world. Recent data shows that India is now looking at positioning itself as the second largest in the very near future.


In the last three years, there has been capacity addition at a steady CAGR of about 7%. There has also been an improvement in the overall capacity utilization.



India has emerged as a net exporter of steel in the year 2016-17, with 97% increase in overall exports and a 37% decline in imports of steel products over the same period in the previous year.

While India roars on the world stage through its Make in India campaign, it plans to increase steel capacity to 300 million tonnes and per capita steel consumption to a level of 160 Kgs by 2030-31. The Ministry of Steel is steadfast at making sure that doing business in the steel sector in India is easier, more profitable, eco-friendly and sustainable while it makes a mark on the global scene.

*****


YSKataria/Dharamshala/Steel


Ministry of Steel
10-June, 2017 15:43 IST
Chaudhary Birender Singh Chairs Meeting of Consultative Committee of Ministry of Steel in Dharamshala

Members Appreciate National Steel Policy 2017 and Policy for Providing Preference to Domestically Manufactured Iron & Steel Products in Government Procurement

Focus On Enhancing Domestic Consumption, High Quality Steel Production and Making the Sector Globally Competitive: Birender Singh



The Union Minister of Steel, Chaudhary Birender Singh chaired a meeting of Consultative Committee of Ministry of Steel in Dharamshala today. The Members of Parliament discussed and appreciated the new National Steel Policy 2017 and the new Policy for Providing Preference to Domestically Manufactured Iron & Steel Products in Government Procurement which were.


The Chairman & Steel Minister said that our focus is on enhancing domestic consumption, high quality steel production and making the Sector globally competitive in the country.


The most significant and far-reaching of all policy interventions is the rolling out of the National Steel Policy 2017. The policy lays forward the road map for the industry in the coming years and will help in harnessing the sector’s untapped potential. The policy reflects the aspirations of domestic steel industry for achieving 300MT of steelmaking capacity by 2030-31. This translates into additional investment of about Rs. 10 lakh Crore and 1.1 Million additional workforce getting employed in the steel sector.

Key features of NSP 2017 include:

· creating self-sufficiency in steel production

· encouraging adequate capacity additions,

· developing globally competitive steel manufacturing capabilities,

· cost-efficient production and domestic availability of iron ore, coking coal & natural gas,

· facilitating foreign investment & asset acquisitions of raw materials

· enhancing the domestic steel demand.



As part of the NSP, emphasis is also being laid at considering the total life cycle cost while evaluating projects rather than looking at just the upfront cost in isolation. This would encourage greater usage of steel in Government as well as private sector.

The other policy mandates to provide preference to Domestically Manufactured Iron & Steel Products (DM1&SP), in Government Procurement. The policy is applicable on all government tenders where price bid is yet to be opened. DMI&SP policy provides a minimum value addition of 15% in notified steel products which are covered under preferential procurement. In order to provide flexibility, Ministry of Steel may review specified steel products and the minimum value addition criterion.

There are provisions in the policy for waivers to all such procurements, where specific grades of steel are not manufactured in the country, or the quantities as per the demand of the project cannot be met through domestic sources.


The policy is envisaged to promote growth and development of domestic steel Industry and reduce the inclination to use, low quality low cost imported steel in Government funded projects. It shall be the responsibility of every Government Agency to ensure implementation of the policy.


The members who participated in the meeting and put forth some important suggestions during the discussions included:

· Dr. Anupam Hazra

· Shri M. Chandrakasi

· Shri Janardan Singh Sigriwal

· Shri Bodh Singh Bhagat

· Shri Sher Singh Ghubaya

· Shri Shyama Charan Gupta

· Shri Laxman Giluwa



The Officials from Steel Ministry who participated included the Secretary Steel Dr. Aruna Sharma, Shri Saraswati Prasad Addl. Secretary and Financial Advisor and Joint Secretaries Shri Sunil Barthwal, Shri Syedin Abasi, Smt. Urvillla Khati and Shri T. Srinivas, Industrial Advisor Shei S.K. Bhatnagar among others.

The Officials from Steel PSUs who were present in the meeting included:

Shri P.K. Singh Chairman (SAIL), Smt. Soma Mandal, Shri Atul Bhatt C.M.D. (MECON LTD.), Shri M. Bhaduri C.M.D. (H.S.C.L.), Shri B.B. Singh C.M.D. (M.S.T.C LTD.), Shri P. Madhusudan C.M.D.(RINL), Shri R. Sridharan C.M.D.(NMDC LTD.), and Shri M.P. Chaudhari C.M.D. (MOIL LTD.)


YSKataria/Dharamshala/Steel

 

[Hindustani78]

Ministry of Steel
15-June, 2017 16:31 IST
Ministry of Steel Organises Second Steel Consumers’ Council Meeting in Bhubaneswar

The Second Meeting of the National Steel Consumers’ Council, on the theme of “Current Status of Steel Industry and the Way Forward’’ will be held under the Chairmanship of the Union Steel Minister Shri Chaudhary Birender Singh in Bhubaneswar on 16th June,2017 . The function of the Steel Consumer Council is to advise Government on matters relating to supply, availability, quality and the market trends of iron and steel.

India is currently the third largest steel producer in the world; while the domestic steel consumption remains at only 60 Kgs per capita which is quite less in comparison to the world average of 208 kgs. There has been continued thrust from the Ministry of Steel to boost domestic steel consumption by exploring versatile steel uses. Recently, the Union Cabinet has approved the policy for providing preference to Domestically Manufactured Iron & Steel Products in Government procurement. The meeting comes at a good time to address all steel related issues.

Steel Industry particularly Public Sector in Odisha has played a prominent role in development of the steel industry. States like Odisha, are expected to be large centres of rural consumption of steel in the country. Odisha is one of the favoured destinations for steel making in India due to its geographic advantage and talented population of the state. Bhubaneswar, Odisha is the ideal choice for the conference considering the state’s contribution to the steel making prowess of the country.

This meeting would provide a vibrant platform to discuss the viable options for generating domestic steel consumption, domestic steel industry scenario, global steel trends and advantages of using steel over any other construction materials. This meeting would be attended by representatives of various ministries, several industry associations, producers and consumers of iron & steel Industry, house builders and related industries, industry experts and leading domestic steel makers.

YSK/MI
(Release ID :165656)

 

[Hindustani78]

The Union Minister for Steel, Shri Chaudhary Birender Singh chairing the 2nd meeting of the National Steel Consumers’ Council, in Bhubaneswar, Odisha on June 16, 2017. The Minister of State for Steel, Shri Vishnu Deo Sai, the Secretary, Ministry of Steel, Dr. Aruna Sharma and other dignitaries are also seen.

The Union Minister for Steel, Shri Chaudhary Birender Singh addressing the 2nd meeting of the National Steel Consumers’ Council, in Bhubaneswar, Odisha on June 16, 2017. The Minister of State for Steel, Shri Vishnu Deo Sai, the Secretary, Ministry of Steel, Dr. Aruna Sharma and other dignitaries are also seen.

The Union Minister for Steel, Shri Chaudhary Birender Singh visiting an exhibition during the 2nd meeting of the National Steel Consumers’ Council, in Bhubaneswar, Odisha on June 16, 2017.

The Union Minister for Steel, Shri Chaudhary Birender Singh interacting with the media at the 2nd meeting of the National Steel Consumers’ Council, in Bhubaneswar, Odisha on June 16, 2017. The Minister of State for Steel, Shri Vishnu Deo Sai is also seen.

 

[AUz]

Turkey alone produces 1/3 of entire indian steel production

Turkey is not even 1/10th of india's size. And some idiots here were claiming Turkey to be less "advanced/modern" than maha bharti with no toilets

 

[Shotgunner51]

Good progress India, should expand further to support infra and industrial apps. Below is 2016 crude steel production data from World Steel Association, updated on 25 January 2017, China Mainland 808.37 million tonnes, Taiwan 21.57 million tonnes.

Data source: http://www.worldsteel.org/steel-by-topic/statistics/Monthly-crude-steel-and-iron-production.html

 

[Hindustani78]

Ministry of Mines
28-June, 2017 18:08 IST
Central Government Working To Expand Capacity of NALCO to Make It a Major Producer of Aluminium Globally

It has come to the notice of the Government of India regarding a news item appearing in some section of the Press that Government of India is trying to privatise the National Aluminium Company Limited (NALCO) through buyback and offer for sale (OFS). Due to such news items, NALCO is facing agitation by its workers.

The Ministry of Mines in order to clear any misleading information would like to clarify that NALCO is a prestigious Navratna Central Public Sector Enterprise and the Central Government appreciates its role in the progress of the country as well as State of Odisha. The Central Government is making all possible efforts to improve and further expand the capacity of NALCO so that it becomes a major producer of aluminum in India as well as at global level. The Ministry of Mines is facilitating NALCO for enhancing its production capacity of Alumina Refinery by setting up of 1.0 MTPA Alumina Refinery (Stream-5), Damanjodi under Phase-3 Expansion of M&R unit at an estimated cost of Rs. 5540 Crores.

To augment the bauxite reserves of the company, the Central Government has recently extended the reservation of Potangi Mines in favour of NALCO for further 5 years.

Ministry of Steel
28-June, 2017 15:36 IST
SAIL readies for new tax regime under GST

Steel Authority of India Ltd. (SAIL) is readying itself for a smooth transition into the new tax regime, which will come into effect with the introduction of GST from July 01, 2017. The Company, besides appointment of reputed Consultant for overseeing the transition, has also formed special teams for coordination with its pan India based plants, units, marketing offices and other units for migrating to GST regime.

The introduction of GST is a significant step in the Country’s taxation regime which will have far reaching and positive impact on Indian Economy. Implementation of this huge transformation process, requires detailed planning and clear understanding of the effects it will have, on the existing systems and procedures. Keeping in mind these requirements, the dedicated teams are executing necessary modifications in the Company’s internal systems and procedures, under the overall supervision and guidance of top management.

The teams are interacting round the clock to ensure clear understanding of the various rules and guidelines being issued in this regard to enhance the comprehension of GST provisions to be implemented.

The teams of various plants and units of the Company have undertaken special initiative and drive to educate the vendors, customers, contractors in addition to awareness programs for educating its employees to ensure smooth switching over to the new system of tax administration.

The Company recently announced that it aims at marketing 15 Million Tonnes of saleable steel during the current fiscal and it is also adopting a demand based production model to reassert its market share. In such circumstances, the Company believes that, a unified tax structure of GST will help in creating national market while reducing burden of multiple taxation on buyer and enhancing the business sentiments.

SAIL Management feels that the introduction of this unique indirect tax regime will have powerful impact on the domestic economy. The unified taxation will bring in more transparency to the system and one tax one market economy will definitely boost the ease of doing business.

YSK/MI

***************

Ministry of Steel
28-June, 2017 14:14 IST
Clarifications by Standing Committee Constituted Under the Policy for Providing Preference to Domestically Manufactured Iron & Steel Products in Government Procurement (DMI&SP Policy)

The Government had approved a Policy for providing preference to domestically manufactured iron & steel products in government procurement (DMI&SP Policy) and notified the same on 8th May, 2017. The policy has come into force from the date of its publication in the Gazette of India. The policy mandates to provide preference to Domestically Manufactured Iron & Steel Products (DMI&SP), in Government Procurement in which a minimum value addition of 15% have taken place domestically. Each Ministry or Department of Government and all agencies/entities under their administrative control will be under the purview of the DMI&SP policy.


The policy is applicable to supply of iron & steel products having aggregated estimate value of INR 50 Crores or more. The policy has provisions for waivers to all such procurements, where specific grades of steel are not manufactured in the country, or the quantities as per the demand of the project cannot be met through domestic sources.


A Standing Committee headed by Secretary (Steel) has been constituted on 14.06.2017 under clause 4 of the DMI&SP Policy to issue clarification sought by stakeholders. Recently, Ministry of Railways, ONGC Limited, Indian Pipe Manufacturers Association (IPMA) and Seamless Tube Manufacturers Association of India (STMAI) have sought certain clarifications on the DMI&SP Policy. Accordingly, the Standing Committee held its first meeting on 21.06.2017 and clarified the issues raised by these 4 organizations. The points raised and clarifications are enclosed.


http://pibphoto.nic.in/documents/rlink/2017/jun/p201762801.pdf

 

[t_for_talli]

Turkey alone produces 1/3 of entire indian steel production

Turkey is not even 1/10th of india's size. And some idiots here were claiming Turkey to be less "advanced/modern" than maha bharti with no toilets

ou donot have right to comment on this topic, Bharat Produces 26 times more steel