In 2017, the Union Cabinet approved the National Steel Policy (NSP), with an aim to raise India’s steel production capacity to 300 million tonnes (MT) by the year 2030. From 110 MT in 2013-14, steel capacity increased to 134 MT in 2017-18, with 7 MT added in 2017 alone. Central to the idea of implementing this policy was the availability of vast quantities of steel scrap in the country. Instead of importing steel scrap at high prices, India could simply recycle and reuse the scrap available at home.