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Government of India
Ministry of Steel
23 MAR 2023 4:10PM by PIB Delhi
Impact of Steel Import

Details of Production, Consumption and Stock of Finished Steel during last three years and current year are given below: -

 

Finished Steel

Year

Production (mt)

Consumption (mt)

Stock

As on date

Quantity (mt)

2019-20

102.62

100.17

31.03.2020

13.69

2020-21

96.20

94.89

31.03.2021

8.97

2021-22

113.60

105.75

31.03.2022

7.99

2022-23 (Apr-Feb*)

109.35

107.20

28.02.2023*

9.83

Source: Joint Plant Committee (JPC); mt=million ton; *provisional

 

The details of category-wise imports, indicating both quantity and value, during the last three years and current year are given at Annexure-I.

The details of country-wise import, indicating both quantity and value, during last three years and current year are given at Annexure-II.

 

Steel consists of several grades & categories having 507 tariff lines at 8-digit classification in Chapter-72 with a total of 901 steel producing units in the country. The domestic production and consumption of finished steel during the last three years has risen, except for the FY 2020-21 due to Covid-19 pandemic induced disruption. Furthermore, overall share of domestic production in the consumption of finished steel has been increasing and that of imports are decreasing: -

 

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

93.4

6.76 %

93.24 %

2020-21

94.89

4.75

90.14

5.01 %

94.99 %

2021-22

105.75

4.67

101.08

4.42 %

95.58 %

Source: Joint Plant Committee (JPC); mt=million ton

 

Annexure-I

(Quantity in thousand tonne & value in ₹ crore)

Category-wise Import of Finished Steel

Category

2019-20

2020-21

2021-22

2022-23

(Apr-Feb*)

Quantity

Value

Quantity

Value

Quantity

Value

Quantity

Value

Non-Flat

     Bars & Rods

273

1229

143

714

63

455

110

796

     Structurals

38

218

31

176

14

104

8

79

     Rly. Materials

51

387

63

453

68

581

71

827

Flat

     Plates

353

1787

379

2318

237

1977

157

1830

     HR Sheets

6

24

1

6

0

0

0

1

     HR Coils/Strips

1646

6821

828

3537

811

5349

1416

8353

     CR Coils/Sheets

374

1896

222

1247

340

2465

347

2798

     GP/GC Sheets

907

5790

767

5008

735

6282

822

7918

     Electrical Sheets

540

4140

460

3139

430

5171

250

5663

     TMBP

0

0

0

1

0

1

0

0

     Tin Plates

183

846

138

644

54

307

11

96

     Tin Free Steel

73

316

48

213

12

73

2

31

     Pipes

345

2762

158

974

150

1111

193

1889

Alloy/Stainless Steel

     Non-Flat

379

3334

344

3055

214

3547

214

3845

     Flat

1599

15133

1171

10670

1542

18876

1992

25816

Finished Steel

6768

44683

4752

32154

4669

46298

5592

59943

Source: Joint Plant Committee (JPC); *provisional

 

 

Annexure-II

(Quantity in thousand tonne & value in ₹ crore)

Import Of Finished Steel

Country

2019-20

2020-21

2021-22

2022-23

(Apr-Feb*)

Quantity

Value

Quantity

Value

Quantity

Value

Quantity

Value

Argentina

26

288

7

74

1

6

0

1

Australia

4

25

2

11

1

5

0

7

Austria

13

199

71

650

9

650

8

527

Baharain

10

48

14

65

5

36

1

11

Bangladesh

0

0

0

0

0

0

5

32

Belgium

74

434

56

477

28

240

30

407

Brazil

23

55

5

59

6

115

3

74

Canada

20

73

17

62

10

54

10

51

China

1207

8841

843

6302

833

9295

1340

15741

Czech Rep

2

18

0

6

1

24

2

42

Denmark

3

64

2

28

2

48

1

23

Finland

9

132

5

101

5

128

6

201

France

56

462

121

857

58

622

73

991

Germany

135

1149

146

1209

151

1511

99

1480

Indonesia

464

4309

79

771

241

4511

143

3289

Iran

0

0

0

0

0

0

0

0

Italy

81

737

33

324

34

373

28

461

Japan

1018

6566

560

4428

664

6408

768

9059

Kazakhstan

3

15

11

41

1

6

6

46

Korea

2687

14681

1947

10863

2009

15904

2036

16998

Kuwait

8

29

3

10

3

12

3

12

Malaysia

51

475

42

347

8

71

17

329

Nepal

6

36

6

30

9

68

53

412

Netherlands

11

54

20

99

13

85

4

50

New Zeland

1

3

1

3

0

1

1

2

Oman

4

14

12

54

5

23

7

39

Poland

8

93

5

52

7

110

6

152

Portugal

2

18

1

6

2

28

2

34

Romania

3

42

1

15

1

24

1

26

Russia

71

657

63

526

55

768

310

2577

Saudi Arabia

8

41

36

150

14

83

8

54

Singapore

139

559

43

200

8

57

6

54

Slovenia

11

159

7

136

6

134

4

112

South Africa

22

181

15

144

8

129

5

116

Spain

32

286

20

151

27

215

20

197

Sweden

23

357

27

414

39

601

46

805

Switzerland

1

33

1

28

1

35

1

38

Taiwan

165

1002

186

1080

194

1610

158

1796

Thailand

52

298

50

343

25

285

51

486

Turkey

5

30

8

51

2

22

2

35

U.K.

17

147

11

81

6

58

4

76

UAE

21

100

21

106

24

126

11

110

Ukraine

84

313

31

133

22

168

6

46

USA

65

393

54

303

29

196

15

235

Vietnam

86

830

133

1265

75

1304

286

2659

Others

39

437

39

99

26

149

5

48

TOTAL

6768

44683

4752

32154

4669

46298

5592

59943

Source: Joint Plant Committee (JPC); *provisional

 

This information was given by the Union Minister of State for Steel and Rural Development, Shri Faggan Singh Kulaste, in a written reply in the Lok Sabha today.

 

*****

 

AL/AKN