← Latest news 
India faces scrap crunch as only 25% steel demand can be met via scrap based production
Economy
Published on 13 May 2026
Most scrap based steel remains out of reach
India’s steel industry is struggling to scale “green” production because scrap supply is insufficient. Former Steel Secretary Jindal says only about 25% of steel demand can be met through scrap based manufacturing, while declining iron ore quality adds pressure. The government is pushing pilot projects and missions for green steel, supported by an upcoming carbon credit trading system as output rises.
- Only 25% of India’s steel demand can be met using scrap based production
- Limited scrap supply is a major bottleneck for green steel goals
- Deteriorating iron ore quality further complicates steel making efficiency
- Carbon credit trading is expected to support emission cuts
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times