India finalises national scrap policy to boost steel recycling

Post Views: 266 India Steel Scrap policy India finalises national scrap policy amid rising steel demand India finalises national scrap policy to replace the 2019 guidelines. The government aims to align the policy with domestic steel needs and global trends. Daya Nidhan Pandey, joint secretary at the Ministry of Steel, confirmed policy completion in coming months. Scrap consumption in India’s steel sector is growing rapidly, expected to reach nearly 36 million tonnes. Large-scale steel capacity expansion will surge demand for scrap. The policy seeks to gradually raise scrap usage to the global...