The Indian Parliament has been informed that as many as 23 steel projects across India, including those of Tata Steel, JSW Steel, Essar Steel and Posco's JV in Maharashtra, are stuck due to grant of environment clearance.

"Presently, 23 steel projects are pending due to grant of environment clearance. Out of which, two steel projects are from Maharashtra," Indian Minister of State for Steel, Vishnu Deo, said in a written reply in the Indian parliament at New Delhi on December 21, 2015.

In addition to green concerns, the steel sector is also suffering from overcapacity as global demand for steel shrinks.