The envisaged capacity, production and consumption in National Steel Policy (NSP), 2017 by 2030-31, and their progress are given below:-

(in million tonnes)

Parameter	Projections for 2030-31	Present status (as on 1st April 2024)
Crude steel capacity	300	179.5
Crude steel demand/production	255	144.3
Finished steel demand/production	230	136.3
Source : National Steel Policy(NSP), 2017		Source: Joint Plant Committee(JPC);

 

Steel Quality Control Orders enables consumption of only such steel products in domestic market that have been produced or imported under the BIS license, wherever applicable. Enhancing the scope of QCOs is an ongoing process.

As on date, 151 Indian Standards are notified under the Quality Control Order covering carbon steel, alloy steel and stainless steel. No impact assessments have been conducted on the impact of the QCOs on domestic steel quality and international competitiveness.

Steel is a de-regulated sector and the government acts as a facilitator. Government has taken various measures, which include the following key initiatives, to create a conducive policy environment for enhancing the steel sector, including measures for technology upgradation, environmental compliance and skill development:-

1. Promotion of ‘Made in India’ steel and technology upgradation:-
   1. Implementation of Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for promoting ‘Made in India’ steel for Government procurement.
   2. Launch of the Production Linked Incentive (PLI) Scheme for Specialty Steel to promote the manufacturing of value-added steel within the country.
2. Decarbonisation of steel sector and energy efficiency:-
   1. 1. 1. 1. Notification of National Green Hydrogen Mission for green hydrogen production and usage in steel sector.
            2. Implementation of the Perform, Achieve and Trade (PAT) scheme, under National Mission for Enhanced Energy Efficiency, which incentivizes steel industry to reduce energy consumption, etc.
3. Skill development:-
4. Establishment of National Institute of Secondary Steel Technology (NISST) at Mandi Gobindgarh, Punjab to provide trained technical manpower, industrial services, testing facilities, consultancy services to the secondary steel sector; and Biju Patnaik National Steel Institute (BPNSI) at Kalinga Nagar, Jajpur to cater to the skilling needs of steel industry in the Eastern sector.
5. BPNSI conducted 15 skilling programmes since July, 2023 to March, 2024 covering potential workforces and working professionals from industries.

As a result of these measures, India’s steel sector following outcomes have been achieved:-

1. India’s steel sector has become the second largest producer of steel in the world from 2018.
2. Progress made by steel sector from 2014-15 to 2023-24:-

 

 

3. The average CO2 emission intensity of the Indian steel industry has reduced from around 3.1 tonne of CO2 per tonne of crude steel in 2005 to around 2.54 tonne of CO2 in 2023-24.

 

This information was given by the Union Minister for Steel and Heavy Industries, Shri H.D. kumaraswamy in a written reply in the Lok Sabha today.

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MG/KSR

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