Investor Presentaiton
Steel Production Capacity Has Expanded Rapidly
Crude Steel Production Capacity (in Million Tones)
KRISHCA
Crude Steel Production Capacity in FY20 - By Route
(in%)
122
128
138
142
142
144
FY16
FY17
FY18
FY19
FY20
300
FY21
FY31P
27%
45%
28%
Curde Steel Production Capacity (in millon tonnes)
BOF EAF
IF
India's steel production capacity has expanded rapidly over the past few years, growing at a CAGR of 3.93% from 122 MT in FY16 to 143.9 MT in FY21. The National Steel
Policy 2017 has envisaged achieving up to 300 MT of production capacity by 2030-31.
О
By FY22, India's total steel capacity is likely to increase to 150 MT annually.
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BF-BOF route is expected to contribute 65% of the capacity, while the remaining 35% is expected to come from EAF & IF routes.
O Expansion of production capacity to 300 MT will translate into additional investment of Rs. 10 lakh crore (US$ 156.08 billion) by 2030-31.
Steel companies are looking to restart expansion projects on the back of surging steel process with a capacity addition of 29 MT.
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Note: P Projection, BF-BOF - Blast Furnace-Blast Oxygen Furnace, EAF - Electric Arc Furnace, IF - Induction Furnace, MT- million tonnes
Source: Joint Plant Committee, News Articles, Ministry of Steel, World Steel Association, CARE Ratings
Investor Presentation
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