The Union Steel Minister, Ram Chandra Prasad Singh launched the Dashboard 2.0 of the Ministry of Steel to monitor and analyse the performance of steel companies on a real-time basis for different KPIs of the Steel sector. The Dashboard is developed by the NICSI.
As per the statement, the Dashboard is an interactive and dynamic online platform that captures the performance on various parameters related to the steel sector such as steel capacity utilisation, production and consumption, prices, raw material production, trade, stocks and rail production etc.
The features of the Dashboard are:
Steel Production: Sector-wise (Public and Private) and Route wise production of Crude steel, Finished Steel, Pig Iron and Sponge Iron
Capacity Utilization: Monthly Trends ofCapacity Utilization for Public and Private Sector
Trade: Daily and Monthly analysis of Import, Export and Trade Balance, both top 10 and bottom 10 Importing and Exporting countries
Consumption: Month-wise and Category wise trend of Consumption for Finished and Value Added Steel
Price - Fortnightly Prices of Steel Items at four metro cities
Raw material – Monthly trend of Iron Ore and Manganese Ore, Daily quantity evacuated by NMDC, SAIL and MOIL.
Rail Production – Daily data of Rail production
Stock–Month wise stock of Alloy, Non-Alloy and Stainless Steel
Historical data: Production and Trade for last 10 years
Alerts – Negative Trend of Production, Utilization etc.
The Dashboard enables the Ministry of Steel to get better insights to assist data-driven decision making by way of extraction of Trends, Patterns and useful information. Visualisation of Trends and Patterns assist decision-makers in finding anomalies and forecasting based on patterns. Monthly and yearly comparison of different KPIs is also available.
The portal has been designed by NIC Steel Informatics Division in association with the NICSI-CEDA team. Hosting Infrastructure is provided by NIC on Meghraj Cloud.
The Steel Minister has given valuable suggestions for improving the Dashboard in a time-bound manner. He also emphasised the regular updation of the Dashboard so that most current information is available for the Ministry.