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Korea overtakes China as largest steel exporter to India

 PTI |  2016-08-04 00:48:35.0  |  New Delhi

Korea overtakes China as largest steel exporter to India

Korea exported 5.11 lakh tonnes of steel to India, which is marginally higher than that exported by China at 5.10 LT, during the April-June quarter in 2016-17, showed data presented by Minister of State for Steel Vishnu Deo Sai in a written reply to Rajya Sabha.

China was followed by Japan at 3 LT and Russia at 1.70 LT, it added. As per the data presented in the Upper House, together the four countries accounted for more than three-fourths of the steel (14.18 LT) exported to India during the quarter under review. India imported a total of 18.32 LT of the metal in the first quarter this fiscal. In 2015-16, China exported 41.25 LT of steel followed by Korea (30.07 LT), Japan (21.60 LT) and Russia (3.64 LT). Similarly, China again was the top exporter in 2014-15 with an out-bound shipment of 36 LT, which was followed by Korea (18.75 LT), Japan (15.83 LT) and Russia (2.26 LT).

Likewise, the People's Republic was the top exporter in 2012-14 fiscal at 10.88 LT followed by Japan at 13.56 LT, Korea (13.13 LT) and Russia (1.46 LT), the data showed.

In a separate query on government's plans to set up steel plants, the Minister said government is not considering to set up steel plants. Steel being a deregulated sector, the role of government is limited to that of a facilitator only for growth of steel industry in the country, Sai added. 

Rourkela Steel Plant supplies special grade plates for Agni
 Rourkela Steel Plant(RSP) has supplied 106 tonnes of special grade plates in annealed condition for outer motor casing of Agni Missile. The plates were rolled and annealed at the Special Plate Plant (SPP) of RSP and supplied to MIDHANI, RSP said in a statement 
on Wednesday.

RSP has since commencement of operation in 1969 supplied 78,500 tons of special steel plates for various defence applications. The spade armour steel plates and components heat treated at SPP have been used for T-72, T-90 main battle tanks and mine protected vehicles, while its homogeneous armour steel plates have been heat treated for use in Arjun main battle tank, the release said.

RSP also supplies Jackal armour steel plates and components for BMP-II Vehicles (ICVs), while SAIL Rath steel plates have been heat treated by it for Bofors gun carriage as per Swedish 
specification E691. 

Target steel plates for ammunition testing as per specification CQA (M)-51 and SAIL Abhed armour steel plates for rail wagons as per specification CDA-99 are some other high end products of this unit.
The SPP supplied special grades of steel for making of INS Vikrant, the first indigenous aircraft carrier. DMR 249A steel has been supplied for the hull and body while DMR 249B, a more resilient steel has been used for the flight deck that has to take the repeated impact of 20-30 tonne fighter aircraft landing, it said. 

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