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Thread: Ministry of Steel - Press Releases - 2011.

  1. #1
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    Thumbs up Ministry of Steel - Press Releases - 2011.

    Ministry of Steel

    Press Releases - 2011

    20, January 2011

    Shri Beni Prasad Verma assumes Charge of Ministry of Steel

    Shri Beni Prasad Verma has assumed the charge of Ministry of Steel as Minister of State (Independent Charge). This follows the induction of Shri Verma in the Union Council of Ministers on 19th January 2011.
    Last edited by ca_news; 18-08-2011 at 04:41 PM.

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    Thumbs up Expansion of PSUS.

    Press Releases

    24, January 2011

    Expansion of PSUS

    Steel Public Sector Undertakings (PSUs) like Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL), have undertaken Modernisation and Expansion (at Bhilai, Bokaro, Rourkela, Durgapur, ISP, Burnpur and special steel plant at Salem of SAIL and Vizag Steel Plant of RINL at Andhra Pradesh) to enhance its crude steel production capacity from 12.84 million tonnes per annum (MTPA) to 21.40 MTPA and from 2.9 MTPA to 6.3 MTPA respectively.

    NMDC Ltd. is also planning to set up a 3 MTPA integrated steel plant at Nagarnar, Chhattisgarh.

    The details of the modernization and expansion plan of SAIL in various states are given below:

    State SAIL Plants Project Installed
    capacity –
    Hot Metal
    MTPA
    After
    Modernisation
    & Expansion
    MTPA
    Chhattisgarh Bhilai Steel Plant Expansion of BSP 4.08 7.5
    Orissa Rourkela Steel Plant Expansion of RSP 2.0 4.5
    Jharkhand Bokaro Steel Plant Expansion of BSL 4.59 5.77
    West Bengal IISCO Steel Plant Expansion of ISP 0.85 2.91
    Durgapur Steel Plant Expansion of DSP 2.09 2.45
    Tamil Nadu Salem Steel Plant Expansion of SSP 0.18
    (Saleable
    Steel)
    0.35

    The details of the existing and proposed steel projects of Steel PSUs in the state of Karnataka are given below:

    1. Visvesvaraya Iron and Steel Plant (VISP), Bhadravati of SAIL has already implemented a 1,25,000 tonne annual capacity Bloom Caster in Steel Melting Shop (SMS) in October, 2009 at an investment of around Rs.77 crore.
    2. NMDC Ltd. is planning to set up a 5 MTPA capacity integrated steel plant in the district Bellary, Karnataka in two phases.
    3. KIOCL Ltd. proposes to set up a 1.5 MTPA capacity integrated steel plant in the state of Karnataka on Joint Venture basis.


    (c)&(d): The fund spent during the last three years and current year upto October, 2010 on Modernisation and Expansion plan of SAIL and on VISP, Bhadravati, Karnataka is as follows:

    (Rs./Crore)
    Modernisation and VISP, Bhadravati,
    Expansion plan of SAIL Karnataka

    2007-08 1060 7.80
    2008-09 4195 52.63
    2009-10 9495 19.84
    2010-11 (upto October, 2010) 5577 6.78

    So far, NMDC Ltd. has spent about Rs. 5.2 lakh towards the project of 5 MTPA capacity integrated steel plant in the district Bellary, Karnataka.
    Last edited by ca_news; 18-08-2011 at 05:00 PM.

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    Thumbs up Growth of Steel Industry.

    Press Releases

    24, January 2011

    Growth of Steel Industry


    The domestic production and import of steel fulfil the current requirement of steel in the country. The consumption of steel is characterized by the use of finished steel and not by crude steel. The data on production, import, export and consumption of finished steel for the year 2009-10 and April-September, 2010 is given below:-

    Year
    Finished Steel (in million tonnes)
    Production Import Export Consumption
    2009-10*
    59.69 7.29 3.24 56.48
    April-September 2010*
    30.41 4.49 1.47 29.81
    Source: Joint Plant Committee (JPC); * provisional








    Steel is a de-regulated sector and the entrepreneurs are free to decide on the capacity expansion and value addition in their steel projects, based upon their commercial judgement. Some of the steel public sector undertakings under the Ministry of Steel have planned to invest towards expansion of their steel producing capacities. The estimated values of investments are Rs. 70,000 crores by Steel Authority of India Limited (SAIL) and Rs.12,228 crores by Rashtriya Ispat Nigam Limited (RINL). NMDC Ltd. has also planned an investment of Rs. 15,525 crores towards setting up an integrated steel plant.

    Since Steel is a deregulated sector, the Government acts as a facilitator for expansion of steel capacity. SAIL is planning for expansion of its capacity from 12.84 million tonnes to 21.4 million tonnes of crude steel. Similarly, RINL is carrying out expansion of its capacity from current 2.9 million tonnes to 6.3 million tonnes of crude steel. Capacity expansion plans in private sector are also going along.

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    Thumbs up Expansion of Steel Capacity.

    Press Releases

    28, January 2011

    Expansion of Steel Capacity

    Based on the progress of steel expansion capacity projects, being undertaken by the major steel investors and as per the information furnished by the respective companies, the total steel production capacity in India is expected to be approximately 120 million tonnes by December 2012. As far as the technology, operation methods and type of products is concerned, the details of these are decided by the individual companies based upon techno-commercial considerations. Government of Chhattisgarh has informed that the State Government has formulated “Rehabilitation Policy” which takes care of rehabilitation adequately.

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    Thumbs up Modernisation of Infrastructure Work in SAIL.

    Press Releases

    28, January 2011

    Modernisation of Infrastructure Work in SAIL

    Steel Authority of India Limited (SAIL) has undertaken modernization & expansion plan of five integrated steel plants at Bhilai, Durgapur, Rourkela, Bokaro & Burnpur and one special steel plant at Salem. In case of Salem Steel Plant, major facilities under modernization & expansion plan have been completed by September, 2010. The modernization & expansion of other plants are under various stages of implementation.

    There had been minor slippages in completion of the expansion of Salem Steel Plant (SSP). In case of IISCO Steel Plant (ISP) expansion, there has been an increased scope of civil and structural works entailing some delay and increased cost. However, all efforts are being taken to minmise the impact of these delays. In other plants, efforts are being made to ensure that all major facilities are implemented broadly as per schedule.

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    Thumbs up Production of Steel.

    Press Releases

    28, January 2011

    Production of Steel

    As per provisional data released by World Steel Association (WSA) given below, India was the fourth largest producer of crude steel during January–September, 2010:-

    Crude steel production: January – September*
    Country Production (in million tonnes)
    China 474.0
    Japan 81.9
    USA 60.9
    India 50.1
    Source: World Steel Association and Joint Plant Committee;
    * = Provisional

    As per the latest estimates, the crude steel capacity in the country is likely to reach 120 million tonnes by 2012 from 72.9 million tonnes in the 2009-10. However, a relative position in the world scenario would depend upon the prevailing conditions in other steel producing and consuming countries, which is not possible to forecast.

    In today’s de-regulated, open market economy, the role of Government is that of a facilitator and in that capacity, it promotes/encourages growth of steel industry through suitable policy measures. Both the public sector steel companies namely Steel Authority of India Ltd. (SAIL) and Rashtriya Ispat Nigam Ltd. (RINL) are in the process of expanding their crude steel capacities.

    SAIL envisages increasing its crude steel production from existing 12.84 million tonnes to 21.40 million tonnes per annum in Phase-I to be completed by 2012-13 at an approximate estimated cost of Rs. 70,000 crore including cost of mine development.

    RINL is expanding its existing capacity of 2.9 million tonnes of crude steel production to 6.3 million tonnes per annum to be completed by December, 2011 at an estimated cost of Rs. 12,228 crore.

    Another public sector company, namely NMDC Ltd., is to set up a 3 million tonnes per annum integrated steel plant at Nagarnar, Chhattisgarh at an estimated investment of Rs. 15,525 crore. The Plant is likely to be commissioned in 2014.

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    Thumbs up Requirement of Power for Expansion of Steel Plants.

    Press Releases

    28, January 2011

    Requirement of Power for Expansion of Steel Plants

    The current modernization and expansion programme of Steel Authority of India Limited (SAIL) envisages an increase in the present hot metal production from 14.6 Million Tonnes Per Annum (MTPA) to 23.46 Million Tonnes Per Annum (MTPA) by 2012-13. The increase in production capacity is expected to increase the average power requirement of SAIL steel plants and mines from present 1000 Mega Watt (MW) to 1900 Mega Watt (MW) after completion of the modernization and expansion programme.

    To meet the increased requirement of power, SAIL has requested various state utility grids, Damodar Valley Corporation (DVC) and NTPC-SAIL Power Supply Company Ltd. (NSPCL – a Joint Venture of SAIL and NTPC). NSPCL is conducting the Feasibility Study Report to set-up a total 1725 Mega Watt (MW) power plant to meet the power requirement of SAIL. The magnitude of investment will be known after completion of Feasibility Reports.

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    Thumbs up Setting up of Steel Projects.

    Press Releases

    28, January 2011

    Setting up of Steel Projects

    Government of India is not directly involved in execution of steel project. However, modernization and capacity expansion projects are being executed by Public Sector Units (PSUs) under the Ministry of Steel. These are as follows: -
    (Crude Steel Capacity in million tonnes)

    Project State Present Capacity Total Proposed Capacity Likely date of Commissioning
    Steel Authority of India Limited
    (i) IISCO Steel Plant West Bengal 0.50 2.50 June 2011
    (ii) Salem Steel Plant Tamil Nadu - 0.12 June 2010*
    (iii) Bokaro Steel Ltd. Jharkhand 4.36 4.61 December 2011
    (iv)Bhilai Steel Plant Chhattisgarh 3.93 7.00 Dec’ 12-Mar’13
    (v) Rourkela Steel Plant Orissa 1.90 4.20 Dec’ 12-Mar’13
    (vi) Durgapur Steel Plant West Bengal 1.80 2.20 December 2012
    Rashtriya Ispat Nigam Ltd.
    Visakhaptanam Andhra Pradesh 3.00 6.3 Stage I - March’ 2011


    NMDC Ltd.
    Nagarnar Chhattisgarh - 3.00 42 months from Zero date i.e. receipt of all statutory clearance/ approvals and placement of orders for major technological packages.

    *Major facilities completed progressively by September 2010 and under stabilization for regular production.

    There is no parameter for modernization and expansion plans. The projects are based upon techno-economic appraisals and commercial consideration, as decided by each companies.

    Wherever modernization and expansion plans are concerned, the location of the sites are same as the existing units. For new steel projects, the sites are decided in consultation with the concerned State Governments, keeping in view the availability of contiguous land, water resources, approach to rail network, national highways etc.

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    Thumbs up Steel Minister Reviews the Progress of Jagdishpur Sail Unit.

    Press Releases

    28, January 2011

    Steel Minister Reviews the Progress of Jagdishpur Sail Unit

    The Union Minister of State for Steel (Independent Charge), Shri Beni Prasad Verma has reviewed the progress of the ongoing revival work of Jagdishpur SAIL Unit (JSU), which is erstwhile Malvika Steel at Jagdishpur (U.P.) in Lucknow today. While expressing satisfaction over the status and progress, he commended the SAIL team for nearing the completion of Warehouse and Galvanised Sheet Corrugation Unit. The Joint Secretary, Ministry of Steel, Shri U.P.Singh, the Chairman, SAIL, Shri C.S.Verma, MD, RSP, Shri S.N.Singh, and representatives from Kobe Steel were among those present during the meeting.

    SAIL chairman Shri C.S.Verma outlined the proposed strategy for the JSU and stated that the revival work is going on as per schedule and the unit will be successfully operational soon.

    It is noteworthy that SAIL acquired the assets of erstwhile M/s Malvika Steel at Jagdishpur (U.P) in the year 2009 which were registered in SAIL’s name in June 2010. For reviving this setup and to supply value-added finished products to meet the demand of the region, initially four main units were proposed under Phase-1. Two units namely, a Warehouse with a capacity of 12,000 tons per annum and a Galvanised Sheet Corrugation unit of capacity 13,000 tons per annum are in final stages and shall be ready for commissioning very soon. Work for two more units under the current phase viz. a TMT Bar Mill of capacity 150,000 tons per annum and a Crash Barrier Manufacturing unit of capacity 10,000 tons per annum is progressing as per schedule and shall be completed by November 2011. The inputs of GP Sheets, Billets and HR sheets for all these facilities will be sourced from the existing plants and units of SAIL. The finished products will be dispatched through road.

    For Phase-2, discussions with M/s KOBE Steel Japan are being held for which a Joint Task Force Team has been formed which is likely to submit its report in March 2011. Options for setting up a 1000 mw gas-based Power Plant and a steel plant based on the technology of Direct Reduced Iron making (Gas based) and Electric Arc Furnace steel making with value added products are being examined. SAIL is carrying out many activities under Corporate Social Responsibility (CSR) in and around Jagdishpur. The School inside the campus has been renovated with basic amenities and playground. 210 children have been registered with the school and are studying. Medical health check up camps organized in nearby villages/ schools regularly and necessary medicines disbursed. Medical health centre with one doctor and two pharmacists is functional; one ambulance is also in operation. Many patients are being examined daily in the health centre and free medicines are provided to them.

    The Steel Minister said that for further industrial development of the State of Uttar Pradesh, SAIL will also be examining the feasibility of setting up a Steel Processing Unit at Barabanki/Gonda.

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    Thumbs up Expansion of Dealer Network by Sail.

    Press Releases

    02, February 2011

    Expansion of Dealer Network by Sail


    With a view to widen the reach of its steel products, the Steel Authority of India Ltd. (SAIL) is in the process of expanding its dealer network extensively. As on 1st December, 2010, the SAIL dealership network consists of 2582 dealers spread over 630 districts. As per SAIL Dealership Policy, dealers are required to stock Thermo Mechanically Treated (TMT) Bars, Galvanised Plain / Galvanised Corrugated (GP/GC) Sheets and other items required by the common man and sell to customers at prices fixed by SAIL. Appointment of dealers in various districts/blocks is aimed at making steel items of mass consumption available near the consuming points in remote areas at competitive prices.

    SALIENT FEATURES OF THE SAIL DEALERSHIP SCHEME

    1. Products covered: Thermo Mechanically Treated (TMT), Galvanised Plain / Galvanised Corrugated (GP/GC) and Light Structurals.


    1. Quantity envisaged: Upto 400 MT a month cumulative for all products.


    1. Price: SAIL fixes a maximum recommended retail price (MRRP) for each State and Product every month.


    1. Appointment: Dealers under the scheme are appointed through open paper / SAIL website advertisement. Preference is accorded to SC/ST & OBC categories. Security Deposit of Rs.500/-MT and upto Rs.1 Lac is to be furnished by the dealers. However no deposit is collected from SC/ST & OBC category of Dealers.


    1. Benefits:


    (i) Materials are door delivered by SAIL to Dealer premises, free of cost.
    (ii) Dealership margin of Rs.1000/- PMT for TMT and Light Structurals andRs.1500/- for GP/GC is provided. Rs.200/-MT is provided in addition for delivery of materials at customers’ premises by the Dealer.
    (iii) Top 15 dealers will be selected from each region for annual awards based on their fulfillment of performance parameters.

    6. Tenure:

    The tenure is for a period of five years. However, review of performance would be undertaken after two years and yearly thereafter. Non-performance and non-fulfilment of terms and conditions would lead to cancellation/termination of dealership.

    7. Obligations of the Dealer:

    (a) To cater to small/tiny demands of consumers within the assigned territorial jurisdiction.
    (b) To maintain stocks of products of SAIL, so that they are available “Off-the- Shelf”.
    (c) To undertake sales promotion (through Hoardings, Wall Paintings, Advertisement etc.) of SAIL products as advised by SAIL.
    (d) To display SAIL Logo, Back-lit Boards, Promotional Items etc. at their premises.
    (e) To submit monthly report on performance.
    (f) To prominently display MRRP Board at their premises.
    (g) To charge to their customers at prices within MRRP; and
    (h) To comply with all the terms and condition of the scheme.

    STATE-WISE LIST OF DEALERS APPOINTED BY SAIL UNDER THE SCHEME AS ON 1.12.2010

    REGION STATE NO. OF DEALERS
    EASTERN REGION ARUNACHAL PRADESH 36
    ASSAM 64
    BIHAR 141
    JHARKHAND 64
    MANIPUR 14
    MEGHALAYA 17
    MIZORAM 11
    NAGALAND 17
    ORISSA 111
    SIKKIM 5
    TRIPURA 12
    WEST BENGAL 130
    NORTHERN REGION CHANDIGARH 19
    DELHI 46
    HARYANA 164
    HIMACHAL PRADESH 88
    JAMMU AND KASHMIR 32
    PUNJAB 89
    UTTAR PRADESH 336
    UTTARAKHAND 38
    WESTERN REGION CHHATTISGARH 69
    DADFAR NAGAR HAVELI 2
    DAMAN AND DIU 4
    GOA 9
    GUJARAT 94
    MADHYA PRADESH 111
    MAHARASTRA 262
    RAJASTHAN 128
    SOUTHERN REGION ANDAMAN AND NICOBAR 2
    ANDHRA PRADESH 145
    KARNATAKA 71
    KERALA 60
    LAKSHADWEEP 1
    PUDUCHERRY 10
    TAMIL NADU 180
    TOTAL NO. OF DEALERS 2582

    The Dealership scheme is a key marketing strategy tool of SAIL for achieving the objectives of greater penetration into the domestic steel market, promoting higher usage of steel particularly in rural areas, popularizing SAIL products and improving SAIL’s brand image.

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