India’s steel push hits a hidden wall as scrap shortages tighten costs

Greener steel still needs scrap but supply is slipping

India’s steelmakers are scaling up and shifting toward greener production, but a quieter bottleneck is emerging. Steel scrap—the key input for many mills—is getting harder to source and increasingly expensive. As demand rises with capacity targets, securing reliable scrap supply could slow projects, squeeze margins, and complicate the transition to low-carbon steel.