MRAI’s International Material Recycling Conference 2026
“Scrap currently contributes nearly 21% of India’s crude steel production, compared to a global average of around one-third. While the scrap consumption in the Indian steel sector has been rising, the scrap availability is estimated to rise to nearly 36 million tonnes, which clearly indicates that demand for steel scrap will increase sharply as large-scale capacity expansion continues,” said Shri Daya Nidhan Pandey, Joint Secretary, Ministry of Steel, addressing the inaugural session of the 13th International Material Recycling Conference and Exposition (IMRC 2026) at Jaipur.
Referring to policy measures, Pandey said, “The Government has taken coordinated action through the Steel Scrap Recycling Policy 2019, the Vehicle Scrappage Policy, the rollout of Registered Vehicle Scrapping Facilities, and the integration of scrap management with national circular economy initiatives. Recently notified Extended Producer Responsibility (EPR) mandates for end-of-life vehicles and construction and demolition waste are expected to accelerate formal scrap recycling.”
Looking ahead, Pandey said, “India aims to progressively raise the share of scrap in steelmaking towards the global average of 31%. As the country moves towards 300 million tonnes of steel capacity by 2030 and 500 million tonnes by 2047, steel scrap will play a decisive role in conserving raw materials, reducing coal imports, lowering emissions, and supporting India’s commitment to achieve net zero by 2070.”
Shri. Pandey affirmed India's positioning in scrap-based steel making as a booster to its decarbonisation efforts, as it helps to avoid carbon emission and also substitutes iron ore, coking coal. As India targets 300 million tonnes of crude steel capacity by 2030-31, the recycled steel scrap consumption will gain a momentum. “
Highlighting operational challenges, Shri. Sanjay Mehta, President, MRAI,
stressed the urgent need for policy rationalisation. “The recycling industry needs GST on scrap to be reduced to 5%, as current high rates are hurting growth and pushing the sector into non-compliance. Further, the import duty on aluminium scrap needs to be fully removed. Extended Producer Responsibility across e-waste, tyres and plastics must also be implemented more effectively, as weak enforcement is undermining the recycling value chain,” he said.
Organised by the Material Recycling Association of India (MRAI), the three-day
conference is being held from January 20–22, 2026, at the Novotel Jaipur &
Convention Centre, Jaipur, and brings together policymakers, industry leaders, and global stakeholders to discuss recycling’s role in sustainable industrial growth.
The conference opened with discussions on sustainability, climate change, energy storage and circular economy transitions, while also addressing long-standing industry concerns around regulatory clarity and market stability. During the inaugural session, Lifetime Achievement Awards were presented to Jinesh Shah, Director, Rajhans Impex Pvt. Ltd.; Purshottam Parolia, CMD, Nihon Ispat Pvt. Ltd.; and Hitesh Shah, Chairman, Mono Steel (India) Limited. The Global Recycler of the Year Award was conferred on Anshul Gupta, Chairman, PAN Gulf IInternational.
