India plans to challenge certain provisions of the European Union?s Carbon Border Adjustment Mechanism (CBAM) due to concerns about its impact on steel exports from India, said steel secretary Nagendra Nath Sinha. The steel ministry has also advised importers to look at India-made steel products to substitute imports. The government has set up 13 task forces to formulate a strategy for green steel production. Steel scrap recycling policy and vehicle scrapping policy of the government of India are steps towards achieving a healthy ecosystem for scrap-based steelmaking in the country.
Products to set benchmarks for credibility and quality, strengthen domestic manufacturing.Govt proposes to rope in local steel manufacturers to start promoting Brand India steel