The Scrap Economy Is Quietly Expanding

Everyone tracks steel production. Few track what happens to steel after it's used. With India's vehicle fleet, appliances and infrastructure aging, the availability of scrap is steadily rising. The government's push for a circular economy and formal vehicle scrappage is creating a long-term opportunity in metal recycling and secondary steel. Companies like $MSTCLTD , $TATASTEEL , $JSWSTEEL , $GRAVITA and $SHYAMMETL could benefit as organized recycling gains scale.