india steel production: India produces 120 MT crude steel in FY22: Steel Minister

Steel Minister Ram Chandra Prasad Singh has said that India produced 120 million tonnes (MT) of crude steel during the financial year ended March 31, 2022.

The 120 MT production was about 18 per cent higher than the country’s production in the previous financial year.

According to official data, India produced around 102 metric tonnes of steel in 2020-21.

A Steel Ministry statement quoted Singh as saying at the National Metallurgist Awards 2021 on Wednesday, “The steel sector in India has made an impressive journey from a mere 1 MT at the time of independence to 120 MT in the last (2021-22) financial year. of it.” ,

The award has been instituted to recognize the contribution of metallurgists working in the field of iron and steel.

The areas covered in the award are manufacturing, research and development (R&D), design, education, waste management, energy conservation and his distinguished contribution towards achieving the objectives of the government’s Atmanirbhar Bharat Mission.

In his address, Singh further said that the application of steel across all segments will see a huge boom, and new areas of application like drone technology will provide ample opportunities to the steel players.

According to the statement, the awardees were shortlisted by the ministry through a transparent process by a two-stage mechanism of screening committee and selection committee. The applications were invited by the Ministry to participate in the award process through a notification.

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