(MENAFN- KNN India) New Delhi, Sep 8 (KNN) Industry leaders, policymakers and stakeholders will convene in New Delhi on September 8–9 for the Steel Conclave 2025 to deliberate on strategies for strengthening the sector through technology adoption, sustainable practices and raw material security.

Union Steel Minister H.D. Kumaraswamy and Minister of State for Heavy Industries and Steel Bhupathiraju Srinivasa Varma will address the two-day event, organised by the Indian Steel Association (ISA).

"The event will cover leadership for growth of the steel industry, leveraging AI in the steel value chain, increasing iron ore availability for Aatmanirbharta, and financing steel's transition to green growth," industry body Indian Steel Association (ISA) said in a statement, according to the ET.

Participants will also examine measures to decarbonise the sector, manage price risks, and improve logistics and infrastructure efficiency.

ISA President Naveen Jindal said "We are working towards a resilient, future-ready steel sector that strengthens India's position globally while addressing sustainability imperatives."

In a separate statement, ISA welcomed the government's decision to reduce GST on renewable energy products from 12 percent to 5 percent, noting that the move would accelerate the shift to green power, reduce reliance on coal-based energy, and significantly lower emissions.

The steel industry accounts for about 20 percent of India's total industrial energy consumption, with nearly 85 percent sourced from coal-based power.

Given its high carbon intensity, energy transition is seen as a critical factor in lowering the sector's overall emissions footprint.

(KNN Bureau)

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