Question : Steel Scrap

(a) whether the demand and production level of steel has been assessed for the next decade and if so, the details thereof along with the action plan initiated in this regard; and

(b) the steps taken/being taken by the Government to reduce the dependence on steel scrap imports in the country?

Answer given by the minister

THE MINISTER OF STEEL (SHRI DHARMENDRA PRADHAN)

(a) As per the National Steel Policy, 2017, the expected crude steel demand/production in the country is likely to be 255 MTPA and total domestic finished steel demand/production would be 230 MTPA by 2030-31. The Government has notified National Steel Policy, 2017 with a view to encourage long term growth of domestic steel sector.

(b) The Steel Scrap Recycling Policy notified by Ministry of Steel in Gazette of India on 07.11.2019 provides a framework to facilitate and promote establishment of scrapping centres for scientific processing & recycling of ferrous scrap generated from various sources in an organized and environment friendly manner to give boost to import substitution of Steel Scrap.

********

Download PDF Files