JSW Steel rises 2% on gas supply worries HSBC raises Tata Steel target to ₹250 British Steel to supply 120,000 mt billet to Nigeria ₹3,200 crore Tata Steel EAF starts in Ludhiana
India’s ambition to build 300 MTPA crude steel capacity by 2030 will need more than scale. It will require a stronger green and research-led foundation to make growth sustainable, competitive, and future-ready. A new playbook highlights that while demand remains strong, the sector still faces major hurdles in scrap availability, hydrogen economics, decarbonisation costs, and low R&D intensity.
The article argues that India must strengthen scrap tracking, formalize recycling, develop hydrogen hubs, and support cleaner steelmaking through targeted policy and funding measures. It also underlines the need for deeper collaboration between industry, government, and academia to accelerate work on green steel, advanced alloys, and next-generation production technologies.
With crude steel production up 11.7% in April-October FY2025-26 and finished steel output rising 10.8%, the opportunity is clear. But to achieve its 2030 goal in a low-carbon world, India’s steel sector will need a stronger innovation engine, better infrastructure, and a coordinated roadmap for green transition.
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