Steel Ministry ramps up efforts to boost domestic scrap supply amid global export curbs

India’s steel ministry is coordinating with other ministries to boost domestic steel scrap supply amid potential EU and US export restrictions. With India importing over 25% of its scrap needs, officials aim to tap high-scrap sectors like engineering, shipbreaking, and consumer goods. Industry leaders stress the need to shift focus from autos—offering limited gains—to broader sectors and to expand shipbreaking operations to meet growing demand.