Green Steel

INDIA EMERGES AS THE WORLD'S LARGEST SHIP RECYCLING NATION: OPPORTUNITIES AND CHALLENGES

India emerged as the world’s top ship recycling nation in 2025, holding a 35.4% global share. Supported by the HKC-aligned Recycling of Ships Act 2019, the Alang yard drives a massive circular economy, converting end-of-life vessels into premium scrap steel.