New Delhi: The government will soon come out with a steel scrappage policy as it seeks to increase scrap utilization, generation, reduce India’s dependence on imports and attract investment.

“By next month, we probably will have robust kind of a policy. We have already prepared one in the Ministry of Steel,” steel secretary Binoy Kumar said. “It will be more ambitious, integrating ministry of road, transport and highways ministry’s views, environment views…integrating revenue department’s views and this will be a game changer for the steel industry.”