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In recent years, the Indian government has been proactive in establishing a framework for the recycling industry, with legislation and other measures put in place to facilitate the same. One key area of focus has been the updating of Ferrous Scrap Codes, a task taken on by the Steel Ministry and BIS (Bureau of Indian Standards).
To establish a cross-reference between domestic and imported/exported scrap, the Ferrous Scrap Codes follow the classification system of the Institute of Steel Recycling Industries (ISRI). Recent updates to the code have brought about some noteworthy modifications that aim to streamline the ferrous waste recycling process such as:
The Ferrous Scrap Codes were created to help the industry use ferrous waste as efficiently as possible. The updates to the code are expected to eliminate uncertainty and confusion that could result from varied interpretations of the various scrap grades and terminology used in the ferrous scrap sector.
The update to the Ferrous Scrap Codes is a positive step toward enhancing the efficiency of the recycling industry in India. With the government taking proactive measures to facilitate recycling, we can look forward to a cleaner and more sustainable future.
Read more: Current Challenges Faced By The Indian Pipe Industry
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TL;DR: Mild steel is a low-carbon steel used across construction, manufacturing, and infrastructure. It comes in multiple product forms, from TMT bars and HR coils to structural sections and wire rods. This guide helps industrial buyers understand grades, select the right product form, and procure verified mild steel through OFB. Mild Steel accounts for the
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Navigating fluctuating steel prices is one of the biggest challenges for Indian construction contractors. Amid global trade tensions and cost pressures, anti-dumping duties on steel have become a critical policy tool used by the Indian government to protect domestic manufacturers. However, these duties also directly impact construction material costs and procurement strategies. In this blog,
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Introduction The Union Budget 2025 has laid the foundation for India’s continued economic growth, with significant implications for the steel industry. As a key driver of infrastructure development, manufacturing, and exports, the steel sector stands to benefit from strategic policy reforms, fiscal incentives, and investment opportunities unveiled in this year’s budget. Key Highlights Impacting the