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<p id="1">One of the biggest meets of global recyclers witnessed participation from 1800+ delegates, including 450 foreign delegates. The conclave was aimed at creating a deeper insight into the need for a recycling policy framework to set up circular economy park for creating a conducive ecosystem and address climate change. Such a policy framework will help achieve the Sustainable Development Goal (SDG) for commitment to carbon neutrality by 2070. Sanjay Mehta, President of, MRAI shared, &ldquo;Being the world&rsquo;s second largest steel producer, India needs to become a responsible steel producer and therefore, we anticipate incremental usage of scrap in the coming years.&rdquo; He further added, &ldquo;Primary steel industry accounts for about eight per cent of total carbon dioxide (CO2) emissions every year while it accounts for 12 per cent of all CO2 emissions in India.&rdquo; The global metal recycling market size reached USD 219.8 bn in 2021. The global market is slated to reach USD 302.4 bn by 2027, at a CAGR of 5.46 per cent between 2021-2027.</p>
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Nitin Gadkari addresses global recyclers

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