IMPROVING STEEL PRODUCTION IN COUNTRY
IMPROVING STEEL PRODUCTION IN COUNTRY
Steel is a de-regulated sector. The Government acts as a facilitator, by creating a conducive policy environment for the development of the steel sector. The National Steel Policy (NSP) 2017 forecasts the following steel production/ capacity for the year 2030-31: –
Sr. No.
Parameter
Projections (2030 – 31)
(in Million Tons)
Total crude steel capacity
300
Total crude steel production
255
Total finished steel production
230
The Government as a facilitator has taken the following measures to create a conducive policy environment for improving production and consumption of steel in the country: –
The Government has taken the following initiatives towards adoption of energy efficient and innovative technologies in steel production: –
This information was given by the Minister of State for Steel and Heavy Industries, Shri Bhupathi Raju Srinivasa Varma in a written reply in the Lok Sabha today.