Tata Steel sources scrap for new recycling venture
2020-07-29 10:01:50 [Print]
Tata Steel has completed sourcing the first set of ferrous scrap for processing at its new steel recycling plant being set up at Rohtak in Haryana.
The scrap has been procured from various market segments such as end-of-life vehicle scrap, obsolete household scrap, construction and demolition scrap and industrial scrap. This scrap would be processed through mechanized equipment and the high quality processed scrap would be supplied to Electric Arc Furnaces, induction furnaces and foundries for downstream steel making.
The 0.5-mtpa capacity plant is scheduled to be commissioned soon. Aarti Green Tech, a subsidiary of Aarti Steel, is its partner. It is the first such facility in India, equipped with modern scrap processing equipment.
The initiative aims to provide the much-needed raw material fillip to the steel industry by making available quality processed ferrous scrap, streamlining the currently unorganized scrap supply chain, lowering the dependency on import and enhancing the transparency and efficiency in the entire value chain, said Tata Steel in a statement on Tuesday.
The scrap has been procured from various market segments such as end-of-life vehicle scrap, obsolete household scrap, construction and demolition scrap and industrial scrap. This scrap would be processed through mechanized equipment and the high quality processed scrap would be supplied to Electric Arc Furnaces, induction furnaces and foundries for downstream steel making.
The 0.5-mtpa capacity plant is scheduled to be commissioned soon. Aarti Green Tech, a subsidiary of Aarti Steel, is its partner. It is the first such facility in India, equipped with modern scrap processing equipment.
The initiative aims to provide the much-needed raw material fillip to the steel industry by making available quality processed ferrous scrap, streamlining the currently unorganized scrap supply chain, lowering the dependency on import and enhancing the transparency and efficiency in the entire value chain, said Tata Steel in a statement on Tuesday.
