In a landmark move aimed at revolutionizing the Indian steel industry, the Ministry of Steel has introduced a new taxonomy for green steel. This initiative is designed to set standards for environmentally sustainable steel production and align India with global efforts to combat climate change. Further strengthening this transition, the government has also announced plans for a ₹5,000 crore National Mission for Sustainable Steel to incentivise decarbonisation technologies, especially among secondary players. As the country strives to meet its Net-Zero Emissions target by 2070, this taxonomy could be a game-changer...