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India’s steel secretary said a draft steel policy aims for 600 million metric tons of steelmaking capacity by 2047 and a cut in emissions intensity, with plans to secure iron ore and coking coal access; Reuters reviewed the draft.
By Neha AroraIndia was a net importer of finished steel during the first five months of the financial year that began in April, shipping in 3.5 million metric tons of the alloy, up 29.5% from a year ago, according to government data released on Thursday.