India to hit steel capacity target ahead of time

There is no longer any official prevarication about the country achieving 300 million tonne (mt) crude steel capacity target by 2030-31 that the government was bold enough to incorporate in the steel policy announced in 2017. India’s present capacity now is close to 140 mt. Steel Minister Birender Singh is using every forum, as he recently did at NMDC diamond jubilee celebrations, to say that India is well on course to be a 300-mt steel capacity country, next only to China, in another 12 years.