Steel Scrap Recycling Policy

Nov 11, 2019 | by Avantis RegTech Legal Research Team

A |  A

Commercial Compliance

The Ministry of Steel on November 06, 2019, has issued the Steel Scrap Recycling Policy to set up Environmentally Sound Management system for ferrous scrap which can encourage processing & recycling of ferrous scraps through organized and scientific metal scrapping centers across India to minimize dependency on import of scrap and make India self-sufficient in scrap availability .This will also promote resource efficiency in steel sector.

The policy aims to achieve the following objectives:

(i) To promote circular economy in the steel sector

(ii) To promote a formal and scientific collection, dismantling and processing activities for end of life products that are sources of recyclable (ferrous, nonferrous and other non-metallic) scraps which will lead to resource conservation and energy savings and setting up of an environmentally sound management system for handling ferrous scrap.

(iii) Processing and recycling of products in an organized, safe and environment friendly manner. 

(iv) To evolve a responsive ecosystem by involving all stakeholders.

(v) To produce high quality ferrous scrap for quality steel production thus minimizing the dependency on imports.

(vi) To decongest the Indian cities from End-of-Life Vehicles (ELVs) and reuse of ferrous scrap.

(vii) To create a mechanism for treating waste streams and residues produced from dismantling and shredding facilities in compliance to Hazardous & Other Wastes (Management & Transboundary Movement ) Rules , 2016. 

(viii) To promote 6Rs principles of Reduce, Reuse, Recycle, Recover, Redesign and Remanufacture.


Related Updates

Alternate Text

Get updates on the go on RuleZbook Mobile App.