26-April-2012,The Minister of Steel, Shri Beni Prasad Verma has said that the comparative figures of iron ore and finished steel production capacities and actual production in India and China are as below:
(in million tonnes)
India | China | ||
2010-11* | 2011-12* | 2011* | |
Iron Ore production | 208.00 | 127.7 (upto December, 11) | 1327 |
Crude Steel Capacity | 78.00 | 88.4 | 850 |
Finished Steel Production (for sale) | 66.01 | 70.39 | 696*** |
*provisional; *** Crude steel production
Source: Indian Bureau of Mines (IBM), Ministry of Mines for data on iron ore production and Joint Plant Committee (JPC), Ministry of Steel for data on crude steel capacity and finished steel production and data related to China.
In a written reply in the Rajya Sabha today Shri Verma said, the quantum of export of raw iron ore and total finished steel to China during the last five years are given below:
(in million tonnes)
Year | Export of iron ore to China | Export of total finished steel to China |
2007-08 | 91.98 | 0.017 |
2008-09 | 97.84 | 0.029 |
2009-10 | 109.30 | 0.045 |
2010-11 | 89.72 | 0.008 |
2011-12 (provisional) | 52.47 (upto February,12) | 0.067 |
Source: MMTC, Department of Commerce for data on iron ore export and JPC for data on finished steel export.
The Minister said, the demand/ real consumption of steel in India, actual supply to Indian consumers and steel import for last five years are given below:
Year | Total Finished Steel (in million tonnes) | ||
Demand/ Real Consumption | Availability/ actual supply | Import | |
2007-08 | 52.12 | 58.03 | 7.03 |
2008-09 | 52.35 | 58.56 | 5.84 |
2009-10 | 59.34 | 64.75 | 7.38 |
2010-11* | 65.61 | 69.35 | 6.80 |
2011-12* | 69.18 | 73.08 | 6.82 |
