Build an enquiry ↗Curated summaries with links to original reporting. This is a dated editorial snapshot, not a live news or price feed.
4 updates
Financial Express reports that Eastern Coalfields disposed of 413.5 tonnes of scrap during the October campaign, with an iron-scrap sale on 14 October generating about ₹2.21 crore.
Public-sector disposal programmes are worth monitoring for sourcing opportunities; this report does not establish that any lot remains available.
Reuters reports that India released a draft policy targeting 604 million tonnes of steel capacity by 2047, alongside lower emissions intensity and stronger raw-material security.
If adopted and implemented, the proposals could influence long-term material demand. A draft target is not an immediate purchase requirement.
The Economic Times reports that the Steel Ministry asked SAIL and NMDC to explore overseas mineral assets to support long-term supplies and manage input costs.
Raw-material security can affect steelmaking costs over time. Exploration plans alone do not establish a near-term change in pig iron or scrap prices.
Reuters reports that tighter European and British import conditions pushed Indian steelmakers to focus more on domestic sales, while lower-priced Chinese steel added competitive pressure.
Changes in export demand can influence domestic availability and mill buying patterns. The effect on individual scrap grades depends on local demand.
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Ongoing factors to monitor—not announcements of new changes.
Diesel, power, freight and port conditions can change processing and delivery costs.
Exchange rates and overseas supply can change the cost of imported raw materials.
Infrastructure, automotive and engineering activity can influence steel consumption and scrap generation.
For a policy decision, check the original notification, effective date and product scope before applying it to an order.