Posted on 20 Aug 2021
Indian producer Tata Steel has commissioned a 500,000 t/yr steel recycling plant at Rohtak in north India's Haryana state to boost raw material availability and reduce dependency on imports.
The steel producer has also launched two brands of scrap that will be produced at the new facility, which has been set up in partnership with Aarti Green Tech as a build-own-operate partner. The facility will buy scrap from end-of-life vehicles, obsolete households, as well as the construction, demolition and industrial sectors through Tata Steel's mobile application FerroHaat.
The steel producer has launched two new brands Tata FerroBaled and Tata FerroShred for baled and shredded ferrous scrap produced at the facility.
"Steel recycling through the electric arc furnace route is a global trend and going forward it would become imperative for India's sustainable growth aspirations," Tata Steel's chief of steel recycling business Yogesh Bedi said last year.
India last week launched a national vehicle scrapping policy aiming to increase domestic scrap metal processing capacity and cut imports. Tata Motors announced plans to set up a 36,000 vehicle/yr scrapping facility at Ahmedabad in west India's Gujarat state.
Tata Steel's Indian operations produced 4.63mn t of steel in the April-June quarter, accounting for 58.7pc of the company's consolidated output.
Source:Argus
