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India’s Steel Ministry Publishes Steel Scrap Recycling Policy

Steel News - Published on Thu, 07 Nov 2019

Image Source: Wikipedia
India’s steel ministry has notified the Steel Scrap Policy assigning the tasks each ministry would do to increase availably of the scrapped material by another 7 million tonnes.. The Policy envisages to set up Environmentally Sound Management system for ferrous scrap which can encourage processing & recycling of ferrous scraps through organized and scientific metal scrapping centers across India to minimize dependency on import of scrap and make India self-sufficient in scrap availability. Ministry of Steel or its appointed agency or other designated statutory bodies shall ensure that the policy is implemented in accordance with the state of the art environmental friendly technologies and in compliance with applicable Acts, rules, and regulations.

According to the policy, currently around 25 million tonnes of scrapped steel comes from the domestic unorganized industry and import of 7 million tonnes scrap costs about INR 24,500 crore annually.

The policy said to meet this requirement around 70 collection and dismantling centres would be required.

Source :

Posted By : Amom Remju on Thu, 07 Nov 2019
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