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India Plans New Steel Policy With Increased Capacity, Lower Emissions, Better Access to Raw Materials

The policy would see carbon emissions cut to around 1.54 metric tons of CO2 per metric ton of crude steel by 2047. With increased iron ore and coking coal demand, the steel ministry plans to secure access to reserves through foreign assets and joint ventures, Reuters reported. 

India’s steel secretary said the policy will be released to the public soon. 

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