The Minister of State for Mines, Steel and Labour & Employment, Shri Vishnu Deo Sai has said that steel is a de-regulated sector. The role of the Government is that of a facilitator. As such no license/permission is required from the Ministry of Steel for setting up of steel plants in the country. The decisions relating to project investments and implementation are taken by the concerned investors keeping in view the market conditions. As per the available information, there are around 3700 steel factories in the country mostly located in the States of Jharkhand, Bihar, Odisha, Chhattisgarh, Andhra Pradesh, West Bengal, Karnataka, Maharashtra etc. Some of the existing major private sector steel plants in the country are as under:-
In a written reply in the Lok Sabha today, Shri Vishnu Deo Sai has said that there are two steel manufacturing Public Sector Undertakings in the country namely, Steel Authority of India Limited (SAIL) and Rashtriya Ispat Nigam Limited (RINL). SAIL has got eight steel plants and state-wise details of their locations are as under:-
He said that RINL is operating one steel plant at Visakhapatnam, Andhra Pradesh.
In addition, NMDC Ltd., a public sector undertaking, is constructing a 3 mtpa green field Integrated Steel Plant at Nagarnar, Bastar District, Chhattisgarh.
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21 July 2014
Setting up of Steel Plants
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Hey...Great information thanks for sharing such a valuable information
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consolidated sales
Ministry of Steel