×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

Crude steel capacity rose in 2010-11

Crude steel capacity rose in 2010-11
Comment E-mail Print Share
First Published: Tue, May 24 2011. 12 35 AM IST
Updated: Tue, May 24 2011. 12 35 AM IST
New Delhi: India’s capacity for crude steel production rose to 78 million tonnes (mt) in 2010-11, up 7.2% from 72.76mt in the previous year, a press release from the government showed on Monday.
The output of crude steel was 68.32mt during 2010, it added.
“To enhance the productivity, efficiency and competitiveness of the steel sector, a number of innovative research and development proposals and research projects were approved at a cost of Rs 442 crore,” the statement said.
It also said that the government was drafting a National Steel Policy that would outline a five-year strategy for the steel sector.
A policy paper on research and development has also been prepared with special focus on beneficiation, coal ash reduction and promotion of high grade value added steel in the country, it added.
Comment E-mail Print Share
First Published: Tue, May 24 2011. 12 35 AM IST