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Draft steel policy targets 604 MT capacity by 2047, higher ore need
Business Standard·October 11, 2026·1 min read
AI Summary
India's draft steel policy aims to reach 604 million tonnes of production capacity by 2047, requiring increased iron ore supplies and including a 39% reduction in emission intensity. The roadmap proposes expanding slurry pipelines through viability gap funding, targeting 45 million tonnes of exports, and implementing measures to increase scrap metal utilization.
From the source
Roadmap envisages major expansion in slurry pipelines with support from viability gap funding, a 39 per cent cut in emission intensity, 45 MT exports and measures to expand scrap use
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