India's Draft Steel Policy Targets 604 MTPA by 2047, A 384...

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2026-11-06 07:28:51

India's proposed steel policy aims to expand crude steel production capacity to 604 MTPA by 2047. This ambitious target highlights the growing importance of raw material availability, iron ore production, coking coal supply, and infrastructure development

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India's Draft Steel Policy Targets 604 MTPA by 2047, A 384 MTPA Capacity Addition That Hinges on Demand, Raw Materials and Utilization

Ministry of Steel s Vision 2047 projects crude steel production of 531 million tonnes and exports of 45 MT but current capacity utilization of 77 6 against an assumed 88 target highlights the gap between installed capacity and actual output ...

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