Government to promote use of 50 percent recycled steel in primary steel industry by 2047
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Union Steel Minister Jyotiraditya Scindia said on Saturday that his ministry is promoting ‘recycled’ ie recycled steel. Under this, emphasis will be laid on the use of 50 per cent recycled steel as raw material by primary steel producers.
Union Steel Minister Jyotiraditya Scindia said on Saturday that his ministry is promoting ‘recycled’ ie recycled steel. Under this, emphasis will be laid on the use of 50 per cent recycled steel as raw material by primary steel producers. He said that this would help in achieving the government’s goal of creating an economy with optimum use of resources. Currently, the level of recycled steel usage in the primary steel industry is around 15 per cent.
While this industry contributes 22.5 percent to the total domestic steel production. The minister said this while addressing an international conference on material recycling here. The three-day conference was organized by the ‘Material Recycling Association of India’. More than 2,000 delegates from 38 countries participated in it. Scindia said that in the coming times, the industry will have to promote recycling while minimizing the exploitation of natural resources.
He said that the government is committed to reduce carbon dioxide emissions by 5 percent in the steel sector by 2030, and the use of recycled steel is very important in this direction. At present, the use of scrap in primary steel production is only 15 per cent, he said. We will push to increase this to 25 per cent in the next five years, with a target of 50 per cent by 2047.
Disclaimer:IndiaTheNews has not edited this news. This news has been published from PTI-language feed.
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