This year, the country has produced 37.57 million mt of crude steel so far. Recalling that India aims to reach 300 million mt of steel capacity by 2030 to meet steel demand, which is anticipated to increase to 190 million mt by 2030 amid infrastructure, construction, and housing projects, Mr. Tripathy pointed out that 17 million mt of crude steel capacity, including three million mt at NMDC, five million mt at JSW's Vijayanagar plant, five million mt and one million mt at Tata Steel's Kalinganagar and Bhushan plants, respectively, and the remaining three million mt from electrical arc furnace-induction furnace based mills, will commence production in 2024, increasing the country's total capacity to 184 million mt. The majority of the upcoming capacities, which will mainly use blast furnace-basic oxygen furnace technologies despite their high carbon footprint, were planned long before the decarbonization drive worldwide and in India got underway, Tripathy said.