India lacks adequate scrap supply, only 25% steel demand can be met through scrap-based production: Former Steel Secy
New Delhi, May 13 -- India does not have adequate scrap availability for large-scale green steel production, with only around 25 per cent of the country's steel demand currently being met through scrap-based manufacturing, noted former Steel Secretary of India and Director at Jindal Steel & Power, Sanjay Kumar Singh.
Speaking with ANI, on the sidelines of PHDCCI National Conclave on Raw Material Securitisation for Metals & Minerals Advancing Self-Reliance, Resilience & Resource Security, Singh said, "We do not have scrap in the country. Only 25 per cent of the steel can be made from scrap, whatever we are consuming in the country. So we have to rely on iron ore. And iron ore invariably uses a blast furnace for the production of steel. So...
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