India beats Japan to become world’s second largest steel producer

Steel minister lays emphasis on the need of safety in the production of iron and steel

GN Bureau | January 29, 2019


#steel producer   #India   #Japan   #iron   #steel   #Chaudhary Birender Singh   #SAIL   #RINL   #OMDC  

Steel minister Chaudhary Birender Singh has India has become the second largest producer of steel in the world leaving behind Japan and the USA.

 
He said when comparing the country’s per capita consumption of steel vis-a-vis the world consumption level which is 214 kg per capita, India has a long way to go. He said before 2014, India’s per capita consumption of steel stood at 57 kg which has now increased to 69 kg per capita.
 
Singh was chairing the parliamentary consultative committee meeting in Goa recently.
 
He laid emphasised on the need of safety in the production of iron and steel. The minister recognised the need to prevent injuries and accidents and for providing a healthy working environment and mitigating hazards and risks, he has decided to set up a safety directorate to oversee safety standards in the steel industry. It will be made functional soon. Singh said both the SAIL and the Rashtriya Ispat Nigam Limited (RINL) have comprehensive safety policies.
 
On the issue of mining, the steel minister said by 2020, large number of the mining leases will expire, which the ministry has taken cognizance of and is taking measures to tackle it. The mining activity of Orissa Minerals Development Company Limited (OMDC), a CPSE of steel ministry, is shut for the past few years and efforts are also on to make OMDC mine operational. 
 
The minister said the National Steel Policy 2017 envisages steel capacity of 300 million tonne (MT) which will be affected if mining activities are not smooth. He also said besides the existing mines, there is a need to focus on exploration of new mines.
 
He said along with National Steel Policy formulated in 2017, the policy for domestically manufactured iron and steel products has also been finalised to give preference to domestically produced steel. This has given impetus to the Make in India initiative and has also led to savings of around Rs 8,000 crore.
 
He further said the National Scrap Policy is also being formulated which will be ready in a few months. This will make available nearly 7 MT scrap in the country. Presently the requirement of scrap is around 8.3 MT and most of it is met with scrap imports. He said that steel produced out of scrap is of good quality and is environment friendly.  

Comments

 

Other News

Seeking religious aid in governance in India

India is known for its old and rich culture, and religion forms a substantial part of it. In India it is hard to find people who categorise themselves as atheists, unless we refer to the matrimonial or dating apps that now have a breed distancing themselves from any religion and categorise themselves as sp

Uneasy calm in riot-torn Delhi

No untoward incidents have been reported from the parts of the capital that witnessed communal riots this week, but the peace Thursday morning was still tentative and a number of those hospitalized for injuries were battling for life. Clashes began Sunday evening and engulfed parts of northe

Modi-Trump show gives India-US ties new dynamism

In the more than 40 hours of stay in India during his two-day visit, US president Donald Trump exhibited his talents as a politician and also a showman with acumen to provide the Indian audience and Americans back home enough opportunity to stay glued to his activities on the Indian soil. Whether it be his

People-to-people relations the real foundation of Indo-US friendship: Modi

On the second and last day of US president Donald Trump’s India visit, prime minister Narendra Modi said the real foundation of Indo-US friendship is people-to-people relations. Trump, meanwhile, sidestepped the contentious issues of the protests against the new citizenship law, telling a joint press

America loves India, America respects India: Trump

America loves India, America respects India, said US president Donald Trump as he and first lady Melania Trump began their short visit of India from Ahmedabad on Monday, welcomed by prime minister Narendra Modi. The US president was in Ahmedabad, in Modi`s home state of Gujarat, to attend th

2020 is crucial for CPSE: Arjun Ram Meghwal

"The year 2020 is going to be a significant year for India and especially for Central Public Sector Enterprises (CPSE), "said the Arjun Ram Meghwal, Minister of State for heavy industries and public enterprises on Wednesday at the 7th PSU Awards and Conference organised by Governance Now on 19th



Archives

Current Issue

Video

CM Nitish’s convoy attacked in Buxar

Opinion

Facebook    Twitter    Google Plus    Linkedin    Subscribe Newsletter

Twitter