Team News Riveting
New Delhi, August 18
As part of its commitment to a sustainable tomorrow, Tata Steel has commissioned its new 0.5 MnTPA Steel Recycling Plant at Rohtak, Haryana.
The plant has been set up in collaboration with M/s Aarti Green Tech Ltd., as a ‘Build, Own, Operate’ (BOO) partner. It is the first such facility in India, equipped with modern and mechanised equipment such as Shredder, Baler, Material Handler etc. The scrap would be procured from various market segments such as end-of-life vehicles, obsolete households, construction & demolition, industrial etc., through an App FerroHaat®.
The scrap would then be processed through mechanised equipment and the high-quality processed scrap would be supplied for downstream steel making. Steel produced through the recycled route entails lower carbon emissions, resource consumption and energy utilisation.
Simultaneously, Tata Steel has also launched two new brands – Tata FerroBaled® and Tata FerroShred® for the baled and shredded ferrous scrap produced in its new facility. These products are high quality processed scrap and they promise to provide the much-needed raw material fillip to Indian steel industry by making available quality processed ferrous scrap and reducing the dependency on imports.
Both Tata FerroBaled® & Tata FerroShred® promise high cleanliness, low contamination, high bulk density, lower tramp elements and no radioactivity. The products would be accompanied with Test Certificates, another first for the scrap industry, along with value propositions like higher yield, better productivity, lower conversion costs, lower transportation and handling costs and overall a better quality.
Yogesh Bedi, Chief Steel Recycling Business, Tata Steel, said: “Steel can be recycled again and again without losing its properties. From that perspective Steel Scrap is a valuable resource and an important future Raw Material for steel making. Recycling scrap ensures the closure of the Circular Economy loop. The Brand names will give a distinct identity to the processed scrap and ensure a standardised quality product for the customer and simultaneously raise the bar of the scrap Industry.”
Tata Steel group is among the top global 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 across the world. The group recorded a consolidated turnover of US $21.06 billion in the financial year ending March 31, 2021.
