BIR NEW DELHI: Scrap prices to rise as India plans switch away from DRI, iron ore steelmaking

Shredded scrap prices in India are likely to rise in the coming decades as the country switches to using recyled materials for steelmaking rather than iron ore and direct reduced iron (DRI).

India will make the swtich as part of its commitment to reducing its emissions, the Ministry of Steel said at the Bureau of International Recycling’s (BIR) conference in New Delhi.


Lee Allen

October 17, 2017

17:03 GMT

New Delhi