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Steel Ministry Ramps Up Efforts to Boost Domestic Scrap Supply Amid Global Export Curbs

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Business 11 Apr 2025 10:28 AM IST Economic Times

India targets reduced scrap import dependency amid global restrictions.

Steel Ministry intensifies domestic recycling and processing initiatives.

Supports sustainable, low-emission steel production pathways.

Amid tightening global export restrictions on ferrous scrap, the Indian Steel Ministry has accelerated initiatives to enhance domestic scrap availability. With countries like the UAE and EU nations imposing limits on scrap exports to prioritize their own industries, India—currently a significant importer—is aiming to reduce its reliance on external sources.

In response, the ministry is working closely with key stakeholders to strengthen the organized scrap ecosystem. Measures include promoting formal collection and processing centers, incentivizing recycling through policy support, and integrating technologies for efficient scrap segregation. This aligns with the National Steel Policy 2017, which targets 300 MT of steel production by 2030-31, with a significant portion from electric arc furnaces and induction furnaces that depend heavily on scrap.

The focus also falls under India’s sustainability commitments, as scrap-based steel production drastically reduces CO₂ emissions compared to traditional methods. Industry experts have welcomed the move, urging quicker implementation and public-private collaboration.