Exploring The Future Of Green Steel Production

Q1. Could you start by giving us a brief overview of your professional background, particularly focusing on your expertise in the industry?

I am a steel industry professional with 40 years of experience in the fields of Project Management, Operations & Maintenance, Materials Management, and Marketing. My expertise includes project execution, sourcing, and procurement of input materials, and managing large operations of a Steel plant.

Q2. What is the projected market size and growth trajectory for green steel in India through 2035, and which end-use segments are expected to dominate demand?

Currently, the projection is very optimistic, and the market share of green steel is on an upward trend.

Scrap melting routes, carbon capture technologies, reduction in direct carbon usage, and the use of renewable energy are gaining momentum. By 2035, it's expected that the proportion of green steel will increase substantially.

Special steels, alloy steels, the automotive segment, defense segment, tubes, and pipes are expected to increase the share.

Q3. What is the expected impact of current and upcoming government incentives and policy support on the acceleration and scalability of green steel projects in India?

The government is committed to supporting the green steel sector by incentivising energy supplies,…