The ministry of steel has issued a Steel Scrap Recycling Policy 2019.
Used or reused steel in the form of scrap is the secondary raw material for the Indian steel industry.
The current supply of scrap is 25 million tonnes from domestic unorganized scrap industry and 7 million tonnes from import of scrap.
The National Steel Policy 2017 aims to develop a globally competitive steel industry by creating 300 million tonnes per annum steel production capacity by 2030.
Features
This will reduce dependency on imports and decongest the Indian cities from End of Life Vehicles (ELVs).
The policy envisages to promote the establishment of metal scrapping centres in India.
Focus on the Environment
The Policy will work on the Principles of 6Rs: Reduce, Reuse, Recycle, Recover, Redesign and Remanufacture.
It aims to reduce Green House Gas (GHG) emissions.
It also aims to create a mechanism for treating waste streams and residues produced from dismantling and shredding facilities in compliance with Hazardous & Other Wastes (Management & Transboundary Movement) Rules, 2016 issued by the Ministry of Environment, Forest and Climate Change (MoEF & CC).