production, consumption and export of steel

Monday, March 14, 2005

The production and apparent consumption of Finished Carbon Steel in the country during the last three financial years is given below:


(in million tonnes)

Item
2001-02
2002-03
2003-04
2003-04

(April-Feb.2004)
2004-05

(Apr. Feb. 2005)(Prov.)

Finished Carbon Steel

Production




30.63




33.67




36.957




33.616




34.750

Apparent consumption
27.43
28.89
31.169
28.871
30.700


(Source: Joint Plant Committee)


(Quantity : in million tonnes)

(Value : Rs. Crores)

Exports of finished carbon steel

2001-02
2002-03
2003-04

Qty Value
Qty. Value
Qty. Value

2,.704 4722
4.506 8330
4.835 9654


(Source: Joint Plant Committee)

Exports of Finished Carbon Steel during April-February 2005 have been estimated to be 3.3 million tonnes as compared to 4.084 million tonnes during the corresponding period last year, a reduction of 19.2%. The reduction in exports is due to increase in domestic demand.

SAIL has chalked out a strategy to strengthen its presence neighbouring export markets. Its share of total exports in neighbouring markets (viz., Nepal, Bangladesh, Myanmar and Sri Lanka) has increased to 50% during the period April to February, 2005, as compared to 30% during the corresponding period of the previous year.

This information was given today in the Lok Sabha by the Minister of Chemicals & Fertilizers and Steel, Shri Ram Vilas Paswan in a written reply to a question.


BJ:KK

The production and apparent consumption of Finished Carbon Steel in the country during the last three financial years is given below:


(in million tonnes)

Item
2001-02
2002-03
2003-04
2003-04

(April-Feb.2004)
2004-05

(Apr. Feb. 2005)(Prov.)

Finished Carbon Steel

Production




30.63




33.67




36.957




33.616




34.750

Apparent consumption
27.43
28.89
31.169
28.871
30.700


(Source: Joint Plant Committee)


(Quantity : in million tonnes)

(Value : Rs. Crores)

Exports of finished carbon steel

2001-02
2002-03
2003-04

Qty Value
Qty. Value
Qty. Value

2,.704 4722
4.506 8330
4.835 9654


(Source: Joint Plant Committee)

Exports of Finished Carbon Steel during April-February 2005 have been estimated to be 3.3 million tonnes as compared to 4.084 million tonnes during the corresponding period last year, a reduction of 19.2%. The reduction in exports is due to increase in domestic demand.

SAIL has chalked out a strategy to strengthen its presence neighbouring export markets. Its share of total exports in neighbouring markets (viz., Nepal, Bangladesh, Myanmar and Sri Lanka) has increased to 50% during the period April to February, 2005, as compared to 30% during the corresponding period of the previous year.

This information was given today in the Lok Sabha by the Minister of Chemicals & Fertilizers and Steel, Shri Ram Vilas Paswan in a written reply to a question.


BJ:KK