What is the current status of steel production and per capita steel consumption in Pakistan?
A – The annual demand for steel in Pakistan stands at approximately 8.4 million tonnes, while the current steel production is about 4.9 million tonnes per annum. TSML will be playing a pivotal role in bridging the gap between demand and supply of steel in Pakistan. The per capita consumption of steel in United States is around 394 kg and for an emerging country like China, it is 338 kg. The average per capita consumption of the entire world stands at around 175 kg. In comparison, Pakistan has a per capita consumption of steel of only around 38 kg. If we consider a very modest increase in per capita steel consumption (say about 100 kg) in the next 10 years, the steel requirement would be 20 million tonnes per annum for a population of around 200 million by the year 2020. Q – What makes DRI environment-friendly? A – The MIDREX process uses clean raw material to produce DRI without melting, unlike BF BOF based steel plants, which face problems of emission of heavy metal and toxic chemical
