17th September, 2003
Ministry of Steel  


SPONGE IRON INDUSTRY


Do You Know ?

    • India is the largest producer of Sponge Iron in the world with 15.42 per cent of total production.
    • It is also the largest producer of coal based DRI in the world with over 77 per cent share.
    • Total industry investment (approx.) - Rs. 6800 crore
    • Installed capacity - 87.5 lakh tonnes

 

 

1999-2000

2000-2001

2001-2002

2002-2003

Production

(in lakh tonnes)

53.4

54.8

56.6

69.08

Growth (%)

2.14

2.64

3.20

22.09

    • Employment : Direct 35,000 Indirect : 1,30,000
    • Turn Over (approx.) Rs. 4700 crore
    • Production Outlook in 2003-04, 76 lakh tonnes and in 2007-08 100 lakh tonnes
    • World DRI Production (in million tonnes)

 

1998

1999

2000

2001

2002

Production

36.96

38.6

43.78

40.51

45.10

Growth (%)

2.10

4.40

13.40

(-7.5)

11.33

    • Country wise yearly production in million tonnes
 

1998

1999

2000

2001

2002

India

5.26

5.22

5.44

5.59

6.53

Iran

3.69

4.12

4.74

5.00

5.30

Mexico

5.68

6.24

5.83

3.67

5.00

Venezuela

5.06

5.05

6.69

6.38

6.16

    • World production Outlook

2005

60 million tonnes

2010

75 million tonnes