India’s Steel Scrap Demand Set to Surge as Capacity Expansion Accelerates: MRAI Pushes for GST Cut and Policy Reforms
India’s steel scrap demand is expected to surge as the country moves towards 300 million tonnes of steel capacity by 2030. At IMRC 2026, policymakers and industry leaders stressed the need for GST cuts, stronger EPR enforcement and policy reforms to formalise recycling and support sustainable steelmaking.
