Steel Ministry shares data of Establishment of New Steel Manufacturing Plants

The total number of Steel plants producing crude steel and were functioning in the country during 2021-22 stood at 901.  State wise number of crude steel units operating in India is at Annexure.

Steel Ministry shares data of Establishment of New Steel Manufacturing Plants
Steel Ministry shares data of Establishment of New Steel Manufacturing Plants

NEW DELHI- The total number of Steel plants producing crude steel and were functioning in the country during 2021-22 stood at 901.  State wise number of crude steel units operating in India is at Annexure.

Steel being a deregulated sector, specific decisions regarding setting up of the steel plants, modernization and expansion thereof are taken by individual steel companies/investors based on commercial considerations and market dynamics.

The overall import of total finished steel (non-alloy + alloy/stainless) has displayed a declining trend during the last three years. The data on overall import of finished steel in last three years is as follows:-

Join PSU Connect on WhatsApp now for quick updates! Click here

Read Also : MNRE Announces Amendment to ALMM Order 2019 to Advance Solar Manufacturing