Minister of State for Steel directs domestic steel industry to increase use of scrap in production
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Minister of State for Steel Faggan Singh Kulaste has directed the domestic steel industry to increase use of scrap in their production, underscoring that carbon emission is a serious concern. India uses 30 million tonne (MT) scrap annually to manufacture steel, out of which 26 MT is generated domestically and remaining through imports.
Currently, India's overall steel production stands at around 120 MT. the Minister said the industry must also adopt new-age technologies to lower their carbon emissions.
According to a ministry document, the iron and steel industry globally accounts for around 8 per cent of total carbon dioxide (CO2) emissions on an annual basis, whereas in India, it contributes 12 per cent to the total CO2 emissions. The steel ministry has also asked the stakeholders of the sector to develop a time-bound action plan to lower emissions in the steel industry.
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