New Delhi, Sept. 29 -- India's new steel policy plans 600 million metric tons of steelmaking capacity by 2047 and is a roadmap for the next two decades, the country's steel secretary said on Tuesday, adding that it will be released to the public domain soon.

The policy, a draft document of which was reviewed by Reuters, also lays out plans to cut sector emissions and shore up access to iron ore and coking coal - key raw materials - to meet anticipated demand.

The federal Ministry of Steel did not immediately respond to a Reuters email seeking comments.

India was a net importer of finished steel in April-August, shipping in 3.5 million tons of the alloy, up 29.5% from a year ago. China accounted for 31.8% of this, making it the top expo...