India sets target of 123 Mt/yr ferrous scrap processing capacity by 2047 under steel strategy
مشروع قادم – India
A policy directive to build domestic scrap processing in line with the 600 Mt steel goal, aimed at cutting reliance on seaborne scrap. It points to long-term demand for shredders and scrap-yard capacity and a continued, if slowly shrinking, import need.
| Lead type | Project signal |
|---|---|
| Status | Live signal |
| Country | India |
| Organisation | Government of India (Ministry of Steel) |
| Materials (as described) | Ferrous scrap processing and collection infrastructure to feed EAF/induction steelmaking |
| Quantity | 123 Mt/yr processing capacity target by 2047 |
| Price / value | n/d |
| Announced | 13 Oct 2026 |
Materials المواد
- HMS 1&2 (heavy melting steel) حديد خردة ثقيل HMS (main)
- Shredded steel scrap حديد خردة مفروم
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