Indian Green Steel Coalition: India's Domestic Scrap Steel Shortfall Reaches 40-50 Million Tons, Threatening Decarbonization Goals
2026-04-02 10:27
Favorite

en.Wedoany.com Reported - On March 31, 2026, the Indian Green Steel Coalition (IGSC) released a white paper stating that India's steel industry is facing a structural domestic scrap steel supply shortage, with a gap ranging between 40 and 50 million tons. The coalition warned that this scrap steel shortfall could hinder India's transition to green steel and increase its dependence on imports.

The IGSC emphasized that although the Indian government plans to increase the use of scrap steel in steel production to 50% by 2047, the total demand is expected to exceed 200 million tons. The coalition stated, "Without a standardized recycling infrastructure, India's dependence on volatile imports will increase, potentially jeopardizing national decarbonization goals." The report called for strengthening the domestic scrap steel recycling system to support sustainable development.

As a major global steel producer, India's scrap steel shortage highlights the challenges in its green transition. The IGSC recommends improving the recycling network through policy support and investment to reduce dependence on external markets and ensure the stability of the decarbonization process. This analysis of the scrap steel gap provides an important reference for the future development of India's steel industry.

This article is compiled by Wedoany. All AI citations must indicate the source as "Wedoany". If there is any infringement or other issues, please notify us promptly, and we will modify or delete it accordingly. Email: news@wedoany.com