Business Standard

How scrap recycling has opened a door for steel makers to meet high demand

Tata Steel is making an entry into scrap recycling business to give a push to formalising the steel scrap generation industry for the benefit of secondary sector

Arcelor reported a net loss of $539 million for the third quarter which happened to be the second straight quarter in the red
Premium

Representative Image

Kunal Bose
Tata Steel made all its 16.81 million tonnes (mt) of crude steel in India last year through the primary blast furnace-basic oxygen furnace (BF-BOF) route. The company’s production capacity at Kalinganagar in Odisha is being enhanced from 3 mt to 8 mt by way of installing a 5,800 cubic metre BF, to be the largest in the country. Its entire targeted capacity expansion to 30 mt by 2025 is likely to be produced via the BF-BOF channel. Even then, Tata Steel acknowledges the secondary sector that includes electric arc furnaces (EAFs) and induction furnaces (IFs) where ferrous scrap is the

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in