<p>Steel Minister Ram Chandra Prasad Singh said India produced 120 million tonnes (MT) of crude steel during the financial year ended March 31, 2022.</p>.<p>"Steel sector in India has traversed a fascinating journey from a mere 1 MT at the time of independence to 120 MT in the last (2021-22) financial year," a steel ministry statement quoted Singh as saying at the National Metallurgist Award 2021 on Wednesday.</p>.<p>Steel application across segments will see a quantum jump, and newer areas of usage such as drone technology will provide ample opportunities to the steel players, he said.</p>.<p>At 120 MT, the output was about 18 per cent higher compared to the country's production in the preceding fiscal year.</p>.<p>The award has been instituted to recognise contributions of metallurgists working in the field of iron and steel.</p>.<p>The areas covered in the award are manufacturing, research and development (R&D), design, education, waste management and energy conservation, said the statement.</p>.<p><strong>Watch latest videos by DH here:</strong></p>
<p>Steel Minister Ram Chandra Prasad Singh said India produced 120 million tonnes (MT) of crude steel during the financial year ended March 31, 2022.</p>.<p>"Steel sector in India has traversed a fascinating journey from a mere 1 MT at the time of independence to 120 MT in the last (2021-22) financial year," a steel ministry statement quoted Singh as saying at the National Metallurgist Award 2021 on Wednesday.</p>.<p>Steel application across segments will see a quantum jump, and newer areas of usage such as drone technology will provide ample opportunities to the steel players, he said.</p>.<p>At 120 MT, the output was about 18 per cent higher compared to the country's production in the preceding fiscal year.</p>.<p>The award has been instituted to recognise contributions of metallurgists working in the field of iron and steel.</p>.<p>The areas covered in the award are manufacturing, research and development (R&D), design, education, waste management and energy conservation, said the statement.</p>.<p><strong>Watch latest videos by DH here:</strong></p>
