|
Another major issue is the
assurance of timely supply
of raw materials like iron ore
and coal through allocation of
captive mines.
The inordinate delays in getting
environment and forest
clearances have really tested
the patience of most of the promoters
in the steel sector.
Last but not least is the Naxal
menace in states like Chhattisgarh,
Jharkhand, Orissa and
West Bengal, which also reflect
policy lacuna in the rehabilitation
of tribals in these states.
If the state and Union governments
together take care of the
above hurdles, the total steel
manufacturing capacity of India
will cross 150 million tpa by 2015
and 300 million tpa by 2020.
If the government authorities
fail to address these issues in
time, as feared by steel producers,
India will become a dumping
ground for world steel producers,
especially China.
| Trends in Production, Consumption & Capacity Additions |
| Year |
Production (million tonnes) |
Consumption (million tonnes) |
Capacity (million tpa) |
| 2003-04 |
40.71 |
33.12 |
43.91 |
| 2004-05 |
43.51 |
36.38 |
48.00 |
| 2005-06 |
46.57 |
41.43 |
51.17 |
| 2006-07 |
52.53 |
46.78 |
56.84 |
| 2007-08 |
56.13 |
52.18 |
59.85 |
| 2008-09 |
56.16 |
53.35 |
64.40 |
| 2009-10 |
NA |
NA |
72.70 |
|