Govt to push primary steel producers to use 50 pc of input from recycled steel by 2047

Government will push primary steel producers to use 50 per cent of their input from scrapped/recycled steel by 2047 to help achieve the government target of moving into a circular economy.

Currently, the level of recycled steel usage in primary steel production is only around 10 per cent even though recycled steel contributes to 22.5 per cent of the domestic total steel production of 140 million tonnes.

The 10th conference is being organised by the Material Recycling Association of India and is attended by over 2,000 delegates from 38 countries. Noting that recycling is the key cog in the wheel of manufacturing as economies move into a circular model of development, going forward the industry should focus on the 6Rs philosophy of reduce (exploitation of natural resources), recycle, reuse, recover, re-design and reinforce.