Monday 30 April 2012

Export of Iron Ore and Steel to China


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

 

Source: JPC; *=provisional

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