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Indian steel ministry proposes scrap based steel plants-The 19th China (Guangzhou ) Int’l Casting product Exhibition
10/17/2017 casting expo-Die-casting expo-foundry expo |
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Live Mint reported that Indian government on Saturday announced the proposal to set up scrap-based steel plants in the northern and western part of the country. The report Mr Chaudhary Birender Singh as saying that “The steel ministry proposes to set up steel plants with scrap as the raw material in various parts of north and west India.” The minister was addressing the India Segment of 2017 World Recycling Convention, organised by the Bureau of International Recycling in partnership with FICCI.
The government expects that in the coming years, 44% of the total scrap available in India would be generated at different locations in Jammu and Kashmir, Punjab, Haryana and Delhi would be used to produce steel.
In addition, 67% of scrap reaches western shores which could be utilised as feedstock to produce steel.
Mr Singh said that initiative of the government to recycle waste products for productive purposes would result in saving of 65% of iron ore. Iron ore is the main raw material for steel production.
The government, he said that is adopting a 360% holistic approach wherein the recycling industry can assist to achieve the production target by providing raw material for the steel sector.
The minister also expressed hopes that legislation would be enacted to ban use of diesel vehicles in India. The minister added that “the pending legislation on the ban on use of 15-year old diesel vehicles in India would be taken up and passed in the winter session of Parliament.”
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