Ministry of Steel
IMPORT OF STEEL AND ITS DOMESTIC PRODUCTION
Posted On:
04 APR 2025 8:33PM by PIB Delhi
The details of import of finished steel in India for the last five years, country-wise and year-wise is placed at Annexure.
The details of domestic crude steel production for the last five years, year-wise is given below:-
|
Domestic Crude Steel Production
|
|
Year
|
Quantity (in MnT)
|
|
2019-20
|
109.14
|
|
2020-21
|
103.54
|
|
2021-22
|
120.29
|
|
2022-23
|
127.20
|
|
2023-24
|
144.30
|
|
Source: Joint Plant Committee (JPC); MnT=million tonnes
|
Steel is a deregulated sector and the government acts as a facilitator by creating a conducive policy environment for the development of steel sector in the country. The decision regarding import and export are taken by steel companies based on techno-commercial considerations and market dynamics.
Government has taken steps to ensure that only quality steel is produced in the country or imported from outside. In this direction, 151 BIS standards have been notified and have been covered by Quality Control Orders (QCOs) by Ministry of Steel to ensure that only quality steel is made available to the end users & the public at large.
The Government has taken following steps to encourage domestic steel production:-
- Domestically Manufactured Iron & Steel Products (DMI&SP) Policy for promoting ‘Made in India’ steel for Government procurement.
- Implementation of Production Linked Incentive (PLI) Scheme for Specialty Steel to promote the manufacturing of 'Specialty Steel' within the country and reduce imports by attracting capital investments.
Country-wise and Year-wise import of finished Steel during last five year
|
IMPORT OF FINISHED STEEL ('000 tonnes)
|
|
Country
|
2019-20
|
2020-21
|
2021-22
|
2022-23
|
2023-24
|
|
ARGENTINA
|
26
|
7
|
1
|
0
|
0
|
|
AUSTRALIA
|
4
|
2
|
1
|
0
|
1
|
|
AUSTRIA
|
13
|
71
|
9
|
10
|
52
|
|
BAHARAIN
|
10
|
14
|
5
|
1
|
3
|
|
BELGIUM
|
74
|
56
|
28
|
33
|
17
|
|
BRAZIL
|
23
|
5
|
6
|
3
|
1
|
|
CANADA
|
20
|
17
|
10
|
11
|
6
|
|
CHINA
|
1207
|
843
|
833
|
1407
|
2687
|
|
CZECH REP
|
2
|
0
|
1
|
2
|
4
|
|
DENMARK
|
3
|
2
|
2
|
1
|
1
|
|
FINLAND
|
9
|
5
|
5
|
7
|
6
|
|
FRANCE
|
56
|
121
|
58
|
77
|
15
|
|
GERMANY
|
135
|
146
|
151
|
112
|
80
|
|
INDONESIA
|
464
|
79
|
241
|
148
|
94
|
|
ITALY
|
81
|
33
|
34
|
31
|
23
|
|
JAPAN
|
1018
|
560
|
664
|
841
|
1274
|
|
KAZAKHSTAN
|
3
|
11
|
1
|
6
|
0
|
|
KOREA
|
2687
|
1947
|
2009
|
2228
|
2670
|
|
KUWAIT
|
8
|
3
|
3
|
3
|
9
|
|
MALAYSIA
|
51
|
42
|
8
|
20
|
6
|
|
NEPAL
|
6
|
6
|
9
|
59
|
120
|
|
NETHERLANDS
|
11
|
20
|
13
|
4
|
3
|
|
NEWZELAND
|
1
|
1
|
0
|
1
|
1
|
|
OMAN
|
4
|
12
|
5
|
7
|
11
|
|
POLAND
|
8
|
5
|
7
|
6
|
3
|
|
PORTUGAL
|
2
|
1
|
2
|
2
|
0
|
|
ROMANIA
|
3
|
1
|
1
|
2
|
17
|
|
RUSSIA
|
71
|
63
|
55
|
313
|
53
|
|
SAUDI ARABIA
|
8
|
36
|
14
|
9
|
39
|
|
SINGAPORE
|
139
|
43
|
8
|
6
|
4
|
|
SLOVENIA
|
11
|
7
|
6
|
4
|
1
|
|
SOUTH AFRICA
|
22
|
15
|
8
|
5
|
7
|
|
SPAIN
|
32
|
20
|
27
|
21
|
5
|
|
SWEDEN
|
23
|
27
|
39
|
48
|
20
|
|
SWITZERLAND
|
1
|
1
|
1
|
1
|
1
|
|
TAIWAN
|
165
|
186
|
194
|
163
|
185
|
|
THAILAND
|
52
|
50
|
25
|
53
|
58
|
|
TURKEY
|
5
|
8
|
2
|
3
|
3
|
|
U.K.
|
17
|
11
|
6
|
5
|
4
|
|
UAE
|
21
|
21
|
24
|
12
|
52
|
|
UKRAINE
|
84
|
31
|
22
|
7
|
1
|
|
USA
|
65
|
54
|
29
|
17
|
20
|
|
VIETNAM
|
86
|
133
|
75
|
320
|
737
|
|
OTHERS
|
39
|
39
|
26
|
11
|
27
|
|
TOTAL
|
6768
|
4752
|
4669
|
6022
|
8320
|
|
Source: Joint Plant Committee (JPC)
|
This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathiraju Srinivasa Varma in a written reply in the Rajya Sabha today.
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