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SAIL leads India in steel production: Beni Prasad

SAIL leads India in steel production: Beni Prasad

The Union Minister of Steel,  Beni Prasad Verma  on Wednesday said that SAIL, which is today a 7th world class steel maker  as per World Steel Dynamics has contributed significantly to the growing demand of steel in the country.

'SAIL’s production of saleable steel has been 12.4 million tonnes, which is 112% of rated capacity. SAIL has five integrated steel plants that are undergoing expansion and modernization, the expansion activities of Salem Steel Plant of SAIL have already been completed' , Beni Prasad said

' India continues to hold the 4th position in global crude steel production for the past 3 years. Crude steel production in India has grown by 4.3% in 2012.'

 He also said that capacity of steel production in the country has increased from 66 million tonnes in 2009 to about 90 million tonnes in 2012 and the per capita steel consumption has risen to 60 kg in 2011-12. The steel minister also stressed on the importance of conserving raw material resources in the country and elaborated on the measures taken by the government.
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