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India’s Ministry of Steel has concluded consultations with key industry stakeholders to address the issue of low capacity utilisation in pellet manufacturing plants, a growing concern for the country’s iron and steel value chain.
Officials said that despite India having an installed pellet-making capacity of over 150 million tonnes per annum (MTPA), current utilisation levels are hovering around 60–65% due to sluggish domestic demand, export constraints, and logistic challenges.
The ministry’s review meetings included representatives from pellet producers, steelmakers, and policy think tanks, focusing on identifying regulatory, infrastructure, and pricing reforms to improve operational efficiency.
Industry experts pointed out that factors such as rising input costs, limited export incentives, and freight bottlenecks have affected plant economics. The government is reportedly exploring policy measures to promote pellet exports, streamline logistics, and enhance raw material linkages with integrated steel plants.
The initiative is part of India’s broader effort to optimize steel raw material usage, reduce waste, and support the target of 300 MTPA steel production by 2030 through improved resource utilization and sustainable growth strategies.
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