Scrap usage in primary steel production to touch 50% by 2047: Minister Scindia
Jyotiraditya Scindia, the Union Minister of Steel, has called for enhancing scrap usage in primary steel production from 15 per cent to 50 per cent by 2047. He pointed out that 22 per cent of the country’s steel is produced through recycling and there is a need to include the informal sector to increase the […]
Copper demand exceeds pre-Covid levels, up 27.5% in FY22
India’s copper demand rebounded and exceeded that of the pre-pandemic period in the 2021-22 fiscal. Driven by a phenomenal rise in power infrastructure projects, construction and industrial offtake, demand increased by 27.5 per cent in 2021-22, the International Copper Association India (ICAI) said. The demand was 12.5 lakh tonnes (lt) in 2021-22, up from 9.78 lt […]