Steeling itself to cater to increased demand, the growth in India's steel consumption outstrips its production, forcing import of commodities to meet local demand. The apparent steel consumption growth is expected to be 6.9 per cent in 2012 and 9.4 per cent in 2013. According to the Joint Plant Committee's data, production of finished steel (both alloy and non alloy) rose to 73.42 million tonne in 2011-12 from 68.62 million tonne in the previous year. During April-May 2012, steel imports expanded a mammoth 69 per cent to 1.528 million tonne led by strong demand from automobile, consumer durables and manufacturing sectors.According to the World Steel Association, global apparent steel use will increase 3.6 percent to 1,422 million tonne in 2012 following a growth of 5.6 per cent in 2011. In 2013, the world steel demand will grow further by 4.5 per cent to around 1,486 million tonne. China's apparent steel use in 2012-13 is expected to increase 4 per cent in these years.With a crude steel capacity of 89 million tonne in 2011-12 (provisional), India is the fourth largest producer of the material in the world, as per government data. The country is reputed for producing grades of international quality standards. It is expected to become the second largest producer of crude steel in the world by 2015-16, pro vided all requirements for creation of fresh capacity are adequately met. In the last few years, the rapid and stable growth in demand has prompted domestic entre preneurs to set up fresh Greenfield projects in different states. In order to expand its capacity multi-fold to 20 million tonne per annum in the next eight years, Jindal Steel and Power plans to invest Rs 1 trillion. SAIL envisages Rs 1.31 trillion capital expenditure to expand its production capacity to 45 million tonne per annum by 2020. Despite facing issues like defi cient iron ore availability, increase in coal prices and other factors, the strong demand from end-users has kept the morale of the industry afloat.