Agency overview | |
---|---|
Jurisdiction | Government of India |
Headquarters | Ministry of Steel Udyog Bhawan Dr. Maulana Azad Road New Delhi,110011 New Delhi |
Annual budget | ₹70.15 crore (US$8.4 million) (2023-24 est.) [1] |
Minister responsible |
|
Agency executive |
|
Website | steel.gov.in |
The Ministry of Steel is an executive branch agency of the Government of India that is responsible for formulating all policies regarding steel production, distribution and pricing in India. [2] As of June 2024, the ministry is headed by a Secretary Rank IAS officer, who is its administrative head, while the political head is a minister of cabinet rank, H.D. Kumaraswamy, assisted by a Minister of State.
The members of the Steel Consumers Council [3] [4] [5] [6] [7] [8] [9] are nominated by the Minister of Steel. The tenure of the council was initially fixed for two years, and it was re-constituted on 25 February 2010. The term of the present council is up to 29 February 2012. [10] [11]
No. | Portrait | Minister (Birth-Death) Constituency | Term of office | Political party | Ministry | Prime Minister | |||
---|---|---|---|---|---|---|---|---|---|
From | To | Period | |||||||
Minister of Steel, Mines and Fuel | |||||||||
1 | Swaran Singh (1907–1994) MP for Jullundur | 17 April 1957 | 10 April 1962 | 4 years, 358 days | Indian National Congress | Nehru III | Jawaharlal Nehru | ||
Minister of Steel and Heavy Industries | |||||||||
2 | Chidambaram Subramaniam (1910–2000) MP for Palani | 10 April 1962 | 21 November 1963 | 1 year, 225 days | Indian National Congress | Nehru IV | Jawaharlal Nehru | ||
Minister of Steel, Mines and Heavy Industries | |||||||||
(2) | Chidambaram Subramaniam (1910–2000) MP for Palani | 21 November 1963 | 27 May 1964 | 201 days | Indian National Congress | Nehru IV | Jawaharlal Nehru | ||
27 May 1964 | 9 June 1964 | Nanda I | Gulzarilal Nanda (Acting) | ||||||
Minister of Steel and Mines | |||||||||
3 | Neelam Sanjiva Reddy (1913–1996) Rajya Sabha MP for Andhra Pradesh | 9 June 1964 | 11 January 1966 | 1 year, 229 days | Indian National Congress | Shastri | Lal Bahadur Shastri | ||
11 January 1966 | 24 January 1966 | Nanda II | Gulzarilal Nanda (Acting) | ||||||
Minister of Iron and Steel | |||||||||
4 | Tribhuvan Narain Singh (1904–1982) Rajya Sabha MP for Uttar Pradesh (MoS) | 29 January 1966 | 13 March 1967 | 1 year, 43 days | Indian National Congress | Indira I | Indira Gandhi | ||
Minister of Steel | |||||||||
5 | Marri Chenna Reddy (1919–1996) Rajya Sabha MP for Andhra Pradesh | 13 March 1967 | 24 April 1968 | 1 year, 42 days | Indian National Congress | Indira II | Indira Gandhi | ||
6 | Prakash Chandra Sethi (1919–1996) MP for Indore (MoS) | 24 April 1968 | 14 February 1969 | 296 days | |||||
Minister of Steel and Heavy Engineering | |||||||||
7 | C. M. Poonacha (1910–1990) MP for Mangalore | 14 February 1969 | 15 November 1969 | 274 days | Indian National Congress | Indira II | Indira Gandhi | ||
(1) | Swaran Singh (1907–1994) MP for Jullundur | 15 November 1969 | 27 June 1970 | 224 days | Indian National Congress (R) | ||||
8 | Bali Ram Bhagat (1922–2011) MP for Arrah | 27 June 1970 | 18 March 1971 | 264 days | |||||
9 | Mohan Kumaramangalam (1916–1973) MP for Pondicherry | 18 March 1971 | 2 May 1971 | 45 days | Indira III | ||||
Minister of Steel and Mines | |||||||||
(9) | Mohan Kumaramangalam (1916–1973) MP for Pondicherry | 2 May 1971 | 31 May 1973 [†] | 2 years, 29 days | Indian National Congress (R) | Indira III | Indira Gandhi | ||
– | Indira Gandhi (1917–1984) MP for Raebareli (Prime Minister) | 31 May 1973 | 23 July 1973 | 53 days | |||||
10 | T. A. Pai (1922–1981) Rajya Sabha MP for Karnataka | 23 July 1973 | 11 January 1974 | 172 days | |||||
11 | Keshav Dev Malviya (1904–1981) MP for Domariyaganj | 11 January 1974 | 10 October 1974 | 272 days | |||||
12 | Chandrajit Yadav (1930–2007) MP for Azamgarh (MoS) | 10 October 1974 | 24 March 1977 | 2 years, 165 days | |||||
13 | Biju Patnaik (1916–1997) MP for Aska | 26 March 1977 | 15 July 1979 | 2 years, 111 days | Janata Party | Desai | Morarji Desai | ||
30 July 1979 | 14 January 1980 | 168 days | Janata Party (Secular) | Charan | Charan Singh | ||||
14 | Pranab Mukherjee (1935–2020) Rajya Sabha MP for West Bengal, till 1981 Rajya Sabha MP for Gujarat, from 1981 | 16 January 1980 | 15 January 1982 | 1 year, 364 days | Indian National Congress (I) | Indira IV | Indira Gandhi | ||
15 | N. D. Tiwari (1925–2018) MP for Nainital | 15 January 1982 | 14 February 1983 | 1 year, 30 days | |||||
16 | N. K. P. Salve (1921–2012) Rajya Sabha MP for Maharashtra (MoS, I/C) | 14 February 1983 | 31 October 1984 | 1 year, 260 days | |||||
31 October 1984 | 31 December 1984 | Rajiv I | Rajiv Gandhi | ||||||
17 | Vasant Sathe (1925–2011) MP for Wardha | 31 December 1984 | 25 September 1985 | 268 days | Rajiv II | ||||
18 | K. C. Pant (1931–2012) MP for New Delhi | 25 September 1985 | 12 April 1987 | 1 year, 199 days | |||||
(17) | Vasant Sathe (1925–2011) MP for Wardha | 12 April 1987 | 25 July 1987 | 104 days | |||||
19 | Makhan Lal Fotedar (1932–2017) Rajya Sabha MP for Uttar Pradesh | 25 July 1987 | 2 December 1989 | 2 years, 130 days | |||||
20 | Dinesh Goswami (1935–1991) Rajya Sabha MP for Assam | 6 December 1989 | 10 November 1990 | 339 days | Asom Gana Parishad | Vishwanath | V. P. Singh | ||
21 | Ashoke Kumar Sen (1913–1996) Rajya Sabha MP for West Bengal | 21 November 1990 | 21 June 1991 | 212 days | Samajwadi Janata Party (Rashtriya) | Chandra Shekhar | Chandra Shekhar | ||
Minister of Steel | |||||||||
22 | Santosh Mohan Dev (1934–2017) MP for Silchar (MoS, I/C) | 21 June 1991 | 16 May 1996 | 4 years, 330 days | Indian National Congress (I) | Rao | P. V. Narasimha Rao | ||
– | Atal Bihari Vajpayee (1924–2018) MP for Lucknow (Prime Minister) | 16 May 1996 | 1 June 1996 | 16 days | Bharatiya Janata Party | Vajpayee I | Atal Bihari Vajpayee | ||
– | H. D. Deve Gowda (born 1933) Unelected (Prime Minister) | 1 June 1996 | 29 June 1996 | 28 days | Janata Dal | Deve Gowda | H. D. Deve Gowda | ||
23 | Birendra Prasad Baishya (born 1956) MP for Mangaldoi | 29 June 1996 | 21 April 1997 | 1 year, 263 days | Asom Gana Parishad | ||||
21 April 1997 | 19 March 1998 | Gujral | Inder Kumar Gujral | ||||||
24 | Naveen Patnaik (born 1946) MP for Aska | 19 March 1998 | 13 October 1999 | 1 year, 208 days | Biju Janata Dal | Vajpayee II | Atal Bihari Vajpayee | ||
25 | Dilip Ray (born 1954) Rajya Sabha MP for Odisha (MoS, I/C) | 13 October 1999 | 27 May 2000 | 227 days | Vajpayee III | ||||
26 | Braja Kishore Tripathy (born 1947) MP for Puri (MoS, I/C) | 27 May 2000 | 22 May 2004 | 4 years, 0 days | |||||
27 | Ram Vilas Paswan (1946–2020) MP for Hajipur | 23 May 2004 | 22 May 2009 | 4 years, 364 days | Lok Janshakti Party | Manmohan I | Manmohan Singh | ||
28 | Virbhadra Singh (1934–2021) MP for Mandi | 28 May 2009 | 19 January 2011 | 1 year, 236 days | Indian National Congress | Manmohan II | |||
29 | Beni Prasad Verma (1941–2020) MP for Gonda (MoS, I/C until 12 July 2011) | 19 January 2011 | 26 May 2014 | 3 years, 127 days | |||||
30 | Narendra Singh Tomar (born 1957) MP for Gwalior | 26 May 2014 | 5 July 2016 | 2 years, 40 days | Bharatiya Janata Party | Modi I | Narendra Modi | ||
31 | Chaudhary Birender Singh (born 1946) Rajya Sabha MP for Haryana | 5 July 2016 | 30 May 2019 | 2 years, 329 days | |||||
32 | Dharmendra Pradhan (born 1969) Rajya Sabha MP for Madhya Pradesh | 31 May 2019 | 7 July 2021 | 2 years, 37 days | Modi II | ||||
33 | Ramchandra Prasad Singh (born 1958) Rajya Sabha MP for Bihar | 7 July 2021 | 6 July 2022 | 364 days | Janata Dal (United) | ||||
34 | Jyotiraditya Scindia (born 1971) Rajya Sabha MP for Madhya Pradesh | 6 July 2022 | 10 June 2024 | 1 year, 340 days | Bharatiya Janata Party | ||||
35 | H.D. Kumaraswamy (born 1959) MP for Mandya | 10 June 2024 | incumbent | 156 days | Janata Dal (Secular) | Modi III | |||
No. | Portrait | Minister (Birth-Death) Constituency | Term of office | Political party | Ministry | Prime Minister | |||
---|---|---|---|---|---|---|---|---|---|
From | To | Period | |||||||
Minister of State for Steel, Mines and Fuel | |||||||||
1 | Keshav Dev Malviya (1904–1981) MP for Domariyaganj | 17 April 1957 | 25 April 1957 | 8 days | Indian National Congress | Nehru III | Jawaharlal Nehru | ||
(1) | Keshav Dev Malviya (1904–1981) MP for Domariyaganj Minister of Mines and Oil | 25 April 1957 | 10 April 1962 | 4 years, 350 days | |||||
Minister of State for Steel, Mines and Metals | |||||||||
2 | Prakash Chandra Sethi (1919–1996) MP for Indore (MoS) | 13 March 1967 | 14 February 1969 | 296 days | Indian National Congress | Indira II | Indira Gandhi | ||
Minister of Steel and Heavy Engineering | |||||||||
3 | K. C. Pant (1931–2012) MP for Nainital | 14 February 1969 | 27 June 1970 | 1 year, 108 days | Indian National Congress (R) | Indira II | Indira Gandhi | ||
Minister of State for Steel and Mines | |||||||||
4 | Shah Nawaz Khan (1914–1993) MP for Meerut | 2 May 1971 | 5 February 1973 | 1 year, 279 days | Indian National Congress (R) | Indira III | Indira Gandhi | ||
5 | Kariya Munda (born 1936) MP for Khunti | 14 August 1977 | 28 July 1979 | 1 year, 348 days | Janata Party | Desai | Morarji Desai | ||
6 | P. M. Sayeed (1941–2005) MP for Lakshadweep | 4 August 1979 | 14 January 1980 | 163 days | Indian National Congress (Urs) | Charan | Charan Singh | ||
7 | Kishore Chandra Deo (born 1947) MP for Parvathipuram | 4 August 1979 | 14 January 1980 | 163 days | |||||
8 | Charanjit Chanana MP for Delhi (Rajya Sabha) | 15 January 1982 | 2 September 1982 | 230 days | Indian National Congress (I) | Indira IV | Indira Gandhi | ||
9 | Ram Dulari Sinha (1922–1994) MP for Sheohar | 15 January 1982 | 14 February 1983 | 1 year, 30 days | |||||
10 | Gargi Shankar Mishra (born 1919) MP for Seoni | 2 September 1982 | 6 September 1982 | 4 days | |||||
11 | K. Natwar Singh (born 1929) MP for Bharatpur (MoS, Steel) | 31 December 1984 | 25 September 1985 | 268 days | Rajiv II | Rajiv Gandhi | |||
(9) | Ram Dulari Sinha (1922–1994) MP for Sheohar (MoS, Mines) | 25 September 1985 | 14 February 1988 | 2 years, 142 days | |||||
12 | Ramanand Yadav (born 1927) MP for Bihar (Rajya Sabha) (MoS, Mines) | 14 February 1988 | 12 April 1988 | 58 days | |||||
13 | Yogendra Makwana (born 1933) MP for Gujarat (Rajya Sabha) | 14 February 1988 | 2 October 1988 | 231 days | |||||
14 | Mahaveer Prasad (1939–2010) MP for Bansgaon (MoS, Mines) | 4 July 1989 | 2 November 1989 | 121 days | |||||
15 | Basavaraj Patil Anwari (born 1943) MP for Koppal | 21 November 1990 | 20 February 1991 | 91 days | Samajwadi Janata Party (Rashtriya) | Chandra Shekhar | Chandra Shekhar | ||
Minister of State for Steel | |||||||||
16 | Ramesh Bais (born 1947) MP for Raipur | 19 March 1998 | 13 October 1999 | 1 year, 208 days | Bharatiya Janata Party | Vajpayee II | Atal Bihari Vajpayee | ||
17 | Akhilesh Das (1961–2017) MP for Uttar Pradesh (Rajya Sabha) | 29 January 2006 | 6 April 2008 | 2 years, 68 days | Indian National Congress | Manmohan I | Manmohan Singh | ||
18 | Jitin Prasada (born 1973) MP for Shahjahanpur | 6 April 2008 | 22 May 2009 | 1 year, 46 days | |||||
19 | Sai Prathap Annayyagari (born 1944) MP for Rajampet | 28 May 2009 | 19 January 2011 | 1 year, 236 days | Manmohan II | ||||
20 | Vishnudeo Sai (born 1964) MP for Raigarh | 26 May 2014 | 30 May 2019 | 5 years, 4 days | Bharatiya Janata Party | Modi I | Narendra Modi | ||
21 | Faggan Singh Kulaste (born 1959) MP for Mandla | 31 May 2019 | 10 June 2024 | 5 years, 10 days | Modi II | ||||
22 | Bhupathi Raju Srinivasa Varma (born 1967) MP for Narasapuram | 11 June 2024 | Incumbent | 156 days | Modi III |
No. | Portrait | Minister (Birth-Death) Constituency | Term of office | Political party | Ministry | Prime Minister | |||
---|---|---|---|---|---|---|---|---|---|
From | To | Period | |||||||
Deputy Minister of Steel and Heavy Industries | |||||||||
1 | Prakash Chandra Sethi (1919–1996) MP for Indore | 8 June 1962 | 21 November 1963 | 1 year, 166 days | Indian National Congress | Nehru IV | Jawaharlal Nehru | ||
Deputy Minister of Steel, Mines and Heavy Engineering | |||||||||
(1) | Prakash Chandra Sethi (1919–1996) MP for Indore | 21 November 1963 | 27 May 1964 | 201 days | Indian National Congress | Nehru IV | Jawaharlal Nehru | ||
27 May 1964 | 9 June 1964 | Nanda I | Gulzarilal Nanda (Acting) | ||||||
Deputy Minister of Steel and Mines | |||||||||
(1) | Prakash Chandra Sethi (1919–1996) MP for Indore | 15 June 1964 | 11 January 1966 | 1 year, 223 days | Indian National Congress | Shastri | Lal Bahadur Shastri | ||
11 January 1966 | 24 January 1966 | Nanda II | Gulzarilal Nanda (Acting) | ||||||
Deputy Minister of Iron and Steel | |||||||||
(1) | Prakash Chandra Sethi (1919–1996) MP for Indore | 29 January 1966 | 13 March 1967 | 1 year, 43 days | Indian National Congress | Indira I | Indira Gandhi | ||
Deputy Minister of Steel, Mines and Metals | |||||||||
2 | Ram Sewak Chowdhary (born 1927) Rajya Sabha MP for Uttar Pradesh | 13 November 1967 | 14 February 1969 | 1 year, 93 days | Indian National Congress | Indira I | Indira Gandhi | ||
Deputy Minister of Steel and Heavy Engineering | |||||||||
3 | Mohammad Shafi Qureshi (1928–2016) MP for Anantnag | 14 February 1969 | 18 March 1971 | 2 years, 77 days | Indian National Congress | Indira I | Indira Gandhi | ||
18 March 1971 | 2 May 1971 | Indira II | |||||||
Deputy Minister of Steel and Mines | |||||||||
4 | Subodh Chandra Hansda (1927–2004) MP for Medinipur | 5 February 1973 | 10 October 1974 | 1 year, 246 days | Indian National Congress | Indira II | Indira Gandhi | ||
5 | Sukhdev Prasad (1921–1995) Rajya Sabha MP for Uttar Pradesh} | 5 February 1973 | 24 March 1977 | 4 years, 47 days | |||||
Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi. It is the largest government-owned steel producer, with an annual production of 18.29 million metric tons. Incorporated on 24 January 1973, SAIL has 54,431 employees and is under the administrative control of the Ministry of Steel.
Raipur ( ) is the capital city of the Indian state of Chhattisgarh. Raipur is also the administrative headquarters of Raipur district and Raipur division, and the largest city of the state. It was a part of Madhya Pradesh before the state of Chhattisgarh was formed on 1 November 2000. It is a major commercial hub for trade and commerce in the region. It has exponential industrial growth and has become a major business hub in Central India. It has been ranked as India's 6th cleanest city as per the Swachh Survekshan for the year 2021.. Raipur is ranked 7th in the Ease of Living Index 2022 and 7th in the Municipal Performance Index 2020, both by the Ministry of Housing and Urban Affairs (MoHUA).
Kalinganagar is a planned industrial town in Jajpur district of coastal Odisha, India. Kalinganagar is emerging to be major global hub in steel, power and ancillary products. A large number of steel plants including projects by Jindal Steel, VISA Steel and Tata Steel are in various stages of implementation.
Ferroalloy refers to various alloys of iron with a high proportion of one or more other elements such as manganese (Mn), aluminium (Al), or silicon (Si). They are used in the production of steels and alloys. The alloys impart distinctive qualities to steel and cast iron or serve important functions during production and are, therefore, closely associated with the iron and steel industry, the leading consumer of ferroalloys. The leading producers of ferroalloys in 2014 were China, South Africa, India, Russia and Kazakhstan, which accounted for 84% of the world production. World production of ferroalloys was estimated as 52.8 million tonnes in 2015.
The mining industry in India is a major economic activity which contributes significantly to the economy of India. The gross domestic product (GDP) contribution of the mining industry varies from 2.2% to 2.5% only but going by the GDP of the total industrial sector, it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production. Indian mining industry provides job opportunities to around 700,000 individuals.
The Ministry of Defence (MoD) is charged with coordinating and supervising all agencies and functions of the government relating directly to national security and the Indian Armed Forces. The President of India is the ceremonial commander-in-chief of the armed forces of the country. The Ministry of Defence provides policy framework and resources to the armed forces to discharge their responsibility in the context of the country's defence. The Indian Armed Forces and Indian Coast Guard under the Ministry of Defence are primarily responsible for ensuring the territorial integrity of India.
Ballari, formerly Bellary, is a major district in Karnataka. It is located at north-eastern part of Karnataka. This district belongs to Kalyana-Karnataka. This district was one of the biggest districts in Karnataka until the Vijayanagara district was carved out of Ballari district in 2021 officially.
Karnataka is one of the highest economic growth states in India with an expected GSDP growth of 9.5% in the 2021–22 fiscal year. The total expected GSDP of Karnataka in 2022–2023 is about $240 billion. Karnataka recorded the highest growth rates in terms of GDP and per capita GDP in the last decade compared to other states. In 2008–09, the tertiary sector contributed the most to GSDP, followed by the secondary sector, and the primary sector.
VISA Steel Limited is a mineral and metals company situated in the Kalinganagar industrial complex of Jajpur Odisha, India with a 1.5 million ton integrated special and stainless steel manufacturing plant. VISA Steel has its registered office in Bhubaneswar, corporate office in Kolkata and branch offices across India. A listed company, VISA Steel's shares are traded on the BSE and NSE.
The total cultivable area in India was reported as 155,369,076 hectares as of 2020, and is shrinking due to over-farming, increased livestock grazing, deforestation, urban growth, and severe weather events. India has a total water surface area of 314,070 km2.
MMTC Ltd. is one of the two highest earners of foreign exchange for India and India's largest public sector trading body. Not only handling the export and import of primary products such as coal, iron ore, agro and industrial products, MMTC also exports and imports important commodities such as ferrous and nonferrous metals for industry, and agricultural fertilizers. MMTC's diverse trade activities cover third country trade, joint ventures and link deals and all modern forms of international trading. The company has a vast international trade network, spanning almost in all countries in Asia, Europe, Africa, Oceania, and in the United States and also includes a wholly owned international subsidiary in Singapore, MTPL. It is one of the Miniratnas companies.
The Prime Minister's Office (PMO) consists of the immediate staff of the Prime Minister of India, as well as multiple levels of support staff reporting to the Prime Minister. The PMO is headed by the Principal Secretary to the Prime Minister of India, currently Pramod Kumar Mishra. The PMO was originally called the Prime Minister's Secretariat until 1977, when it was renamed during the Morarji Desai ministry.
Rashtriya Ispat Nigam Ltd,, also known as Vizag Steel, is a central public sector undertaking under the ownership of Ministry of Steel, Government of India based in Visakhapatnam, India. Rashtriya Ispat Nigam Limited (RINL) is the government entity of Visakhapatnam Steel Plant (VSP), India's first shore-based integrated steel plant built with state-of-the-art technology. Visakhapatnam Steel Plant (VSP) is a 7.3 MTPA plant. It was commissioned in 1992 with a capacity of 3.0 MTPA of liquid steel. The cpsu subsequently completed its capacity expansion to 6.3 MTPA in April 2015 and to 7.3 MTPA in December 2017. The PSU is having one subsidiary, viz. Eastern Investment Limited (EIL) with 51% shareholding, which in turn is having two subsidiaries, viz. M/s Orissa Mineral Development Company Ltd (OMDC) and M/s Bisra Stone Lime Company Ltd (BSLC). The CPSU has a partnership in RINMOIL Ferro Alloys Private Limited and International Coal Ventures Limited in the form of Joint Ventures with 50% and 26.49% shareholding respectively.
S. Machendranathan IAS, who hails from Tirunelveli District, Tamil Nadu. After completing MBA from Cochin University he joined the Indian Police Service (IPS) in 1977 and thereafter the Indian Administrative Service (IAS) in 1979.
The Ministry of Investment, Trade and Industry, abbreviated MITI, is a ministry of the Government of Malaysia that is responsible for international trade, industry, investment, productivity, small and medium enterprise, development finance institution, halal industry, automotive, steel, strategic trade. The ministry has its headquarters located at Menara MITI on Jalan Sultan Haji Ahmad Shah in Kuala Lumpur and the building is also a component of Naza TTDI’s 75.5-acre KL Metropolis, a mixed development that is envisioned to be the International Trade and Exhibition District for Kuala Lumpur. It is one of the three ministries that has not moved to Putrajaya.
Public Sector Undertakings (PSU) in India are government-owned entities in which at least 51% of stake is under the ownership of the Government of India or state governments.These type of firms can also be a joint venture of multiple PSUs. These entities perform commercial functions on behalf of the government. Depending on the level of government ownership, PSUs are officially classified into two categories: Central Public Sector Undertakings (CPSUs), owned by the central government or other CPSUs; and State Public Sector Undertakings (SPSUs), owned by state governments. CPSU and SPSU is further classified into Strategic Sector and Non-Strategic Sector. Depending on their financial performance and progress, CPSUs are granted the status of Maharatna, Navaratna, and Miniratna.
The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. As per worldsteel, India's crude steel production in 2018 was at 106.5 million tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan as the world's second largest steel production country. Japan produced 104.3 MT in year 2018, decrease of 0.3% compared to year 2017.
The Steel Consumers Council is a group under the Ministry of Steel, chaired by the Cabinet in charge of the department. India is the world's third-largest producer of crude steel, and the council works with steel producers to ensure both the supply and demand of the steel industry. It also advises the Ministry of Steel and assists the Government of India on matters and policies concerning the Indian steel industry. In 2004, alarmed by the recent rise in steel prices, the Union Steel Ministry had proposed setting up of an independent regulator to monitor and fix the prices of steel. It had also supported a demand to abolish the present 5 per cent import duty on scrap this was announced by Ram Vilas Paswan Minister in charge of Ministry of Steel at the 18th national Steel consumers council in 2004.
MSTC Limited is a central public sector undertakings under the Ministry of Steel, Government of India. It is involved in diversified e-commerce services. Its corporate office is in Kolkata, West Bengal with regional branch offices in various other cities. The company reported a net profit of INR 112.95 crore for fiscal year 2020-21. Incorporated on 9 September 1964, MSTC has 344 employees.
The Orissa Minerals Development Company Limited (OMDC),, is a Public Sector Undertaking company in the Indian states of Odisha under administrative control of Department of Steel and Mines, Government of Odisha. It was founded on August 16, 1918 and is engaged in the mining and production of iron ore and manganese ore. It is a subsidiary of state-owned Rashtriya Ispat Nigam Limited. It is listed at Calcutta Stock Exchange (CSE), National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE).