The Indian steel sector is poised to witness a gradual but highly significant technological shift as there is an increasing focus on Electric Arc Furnace (EAF) technology, as part of the overall thrust towards decarbonization, cost competitiveness, and efficient use of resources. Although the Indian steel sector is largely dependent on the coal-based blast furnace-basic oxygen furnace (BF-BOF) route, the overall policy structure and green steel initiatives suggest that EAF technology is poised to become a major structural theme in the future steel sector trajectory of India.
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