The steel recycling business continues to grow. As part of its commitment to a sustainable future, Tata Steel will have a new 0.5M steel recycling plant at Rohtak in the Indian state of Haryanam.
This is the first facility of its kind in the north of the country, equipped with modern and mechanized equipment such as crushers, balers, material handlers, etc. The plant has been set up in collaboration with M/s Aarti Green Tech Ltd., as a ‘Build, Own, Operate’ (BOO) partner. The scrap would be obtained from various market segments, such as end-of-life vehicles, obsolete homes, construction and demolition, industrial, etc., through a FerroHaat® App.
Subsequently, the scrap will be processed through high quality machined equipment for further steel fabrication. In this way, steel produced through the recycled route means lower carbon emissions, resource consumption and energy use.
Yogesh Bedi, Business Head, Steel Recycling, Tata Steel, said, “Steel can be recycled over and over again without losing its properties. From this perspective, steel scrap is a valuable resource and an important future raw material for steelmaking. The recycling of scrap ensures the closing of the Circular Economy cycle. The brands will give a distinct identity to the processed scrap and ensure a standardized quality product for the customer and, at the same time, raise the standard of the scrap industry”.
At the same time, Tata Steel has also launched two new brands: Tata FerroBaled® and Tata FerroShred® for packaged and shredded ferrous scrap produced at its new facilities. These products are high quality processed scrap and promise to provide much needed raw material replenishment to the Indian steel industry by making quality processed ferrous scrap available and reducing dependence on imports.
Both Tata FerroBaled® and Tata FerroShred® promise high cleanliness, low contamination, high bulk density, less trapped elements and no radioactivity. The products would be accompanied by test certificates, another first for the scrap industry, along with value propositions such as higher yields, better productivity, lower conversion costs, lower transportation and handling costs, and overall better quality.
The Tata Steel Group is among the world’s leading steel companies with an annual crude steel capacity of 34 million tonnes per annum. It is one of the world’s most geographically diversified steel producers, with operations and commercial presence all over the world and an annual turnover of around 21,060 million US dollars.