Crude steel production is a complex process that consumes a lot of energy. However, this industry makes the largest contribution to the global economy. Steel finds its application in varied economic sectors ranging from construction works to consumer goods. To meet the needs and ensure easy availability of crude steel, its production becomes an important point of discussion. Steel production occurs via two major routes: the blast furnace basic oxygen furnace (BF-BOF) route, also known as the primary route, and the electric arc furnace (EAF) route, the secondary route. The paper primarily focuses on the processes and steps involved in the secondary route of steel making. This route makes use of scrap steel and contributes to the green economy. Further, the discussion extends toward the critical challenges and the reasons behind the production losses incurred during crude steel production.