Indian steel industry need to cut carbon emission by 40% over next 8 years

Wednesday, 24 August 2022 10:27:10 (GMT+3)   |   Kolkata

India’s domestic steel producers need to cut down carbon emission levels by 30-40 percent over the next 8 years and pursue alternative scrap based steel-making, federal minister of steel, Jyotiraditya Scindia said on Wednesday, August 24.

He said that carbon emission of Indian steel producers were at 2.55 mt for every mt of steel output higher than global average of 1.85 mt for every mt of steel produced.

“I think it is about time that we commit ourselves to reducing our carbon footprint, our carbon emission by 30-40 percent,” he said.

“Towards this end the country needs to  formulate strategy towards reaching the target, based on three principles – carbon minimisation, carbon avoidance and the third, carbon capture and utilisation, which calls for new technology. Instead of coking coal, green energy can also be used for steelmaking,” the minister said.

AjoyDas
Ajoy Das
Editor
All Articles by the Author

I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.

Similar articles

India's BCCL sees coking coal output rise by 22% in September 2026

Ex-India HDG prices stable and trade silent amid low bids, strong local demand

Indian metal recyclers seek government intervention over EU proposal to restrict metal waste exports

Local Indian rebar prices still rise in most areas except Mumbai, outlook remains bullish

India to unveil draft national steel policy targeting 600 million mt annual output by 2047

India's GGSPL to hike billet, sponge iron and rebar capacities at Gujarat mill

India's SAIL targets 35 million mt crude steel output by FY 2030-31

Ex-India HDG prices at high levels, sellers focus on meeting local demand

Indian automakers partner with authorized facilities for vehicle scrapping

Local Indian rebar prices continue to rise at slower pace to hit four-and-half-year high