Steel Scrap

Baltimore bridge collapse: Crews continue removing twisted steel, concrete

As divers assisted crews with the complicated and meticulous operation of removing the steel and concrete from the fallen Francis Scott Key Bridge in Baltimore, some near the site took time on Easter Sunday to reflect on the six workers presumed to have plunged to their deaths. As cranes periodically swung into place and workers measured and cut the steel to prepare to lift sections of twisted steel, Rev. Ako Walker held a Mass in Spanish at Sacred Heart of Jesus, about 5 miles (8 kilometers) up the Patapsco River from the collapse. Yes we can rebuild a bridge, but we have to look at the way in which migrant workers are treated and how best we can improve their situation as they come to the United States of America, Walker said of the men who were from Mexico, Guatemala, Honduras and El Salvador and were patching potholes. Dive teams were in the river Sunday surveying parts of the bridge underwater and checking on the ship to ensure it can be safely floated away once the wreckage is

AMNS India plans Rs 100 cr capital infusion on 3 scrap processing centres

Gujarat-based AMNS India is planning to set up three scrap processing centres at a capital infusion of around Rs 100 crore. The company plans to set up two centres at Hazira and Ahmedabad in Gujarat, and one in Khopoli, Maharashtra, a company official said on Thursday. ArcelorMittal Nippon Steel (AMNS) India is a 60:40 joint venture between Luxembourg-based global steel giant ArcelorMittal and Nippon Steel of Japan. When asked about the timeline, the official said as per the plan submitted to the board of AMNS India, all the three centres are to be set up by 2024. The company owns and operates a 9 million tonne (MT) plant at Hazira where it uses 3-5 per cent of scrap to manufacture steel. AMNS India aims to increase its scrap mix-up to 9-10 per cent with the set up of the centres. Earlier, Union Steel Minister Jyotiraditya Scindia said his ministry will push primary steel producers to use 50 per cent of their input from scrapped/recycled steel by 2047 to help achieve the governme

Steel scrap availability to be challenging as 60 nations plan to ban trade

Availability of scrap is going to be challenging as more than 60 countries have either banned or are in the process of banning scrap exports, Steel Secretary Nagendra Nath Sinha said. The secretary also highlighted the lower usage of scrap in steel making in India and said that the usage is not meeting the government's expectations for bringing carbon emissions down. The government has been pushing domestic players to increase the share of scrap in steel manufacturing. "Unlike the Western countries, India's scrap usage in steel making is lower. India had availability of around 25 to 27 MT of scrap and going forward this number will certainly go up, but not as much we would like to for our carbon emissions to come down," Sinha said on Thursday. The availability of scrap is going to be challenging as over 60 countries have either banned or are in the process of banning the export of scrap, he said addressing the 'mjunction Indian Steel Markets' conference here. Another issue, Sinha

Increase use of scrap in production: Union Minister Kulaste to steel makers

Union Minister Faggan Singh Kulaste on Thursday directed the domestic seel industry to increase use of scrap in their production, underscoring that carbon emission is a serious concern. India uses 30 million tonne (MT) scrap annually to manufacture steel, out of which 26 MT is generated domestically and remaining through imports. Currently, India's overall steel production stands at around 120 MT. "Carbon emissions are a concern.... the steel sector must increase use of scrap in their steel production," he said at CII Steel Summit 2022 here. The industry must also adopt new-age technologies to lower their carbon emissions, the Minister of State for Steel said. However, he did not speak on the quantum of scrap which steel makers must include in their production. According to a ministry document, the iron and steel industry globally accounts for around 8 per cent of total carbon dioxide (CO2) emissions on an annual basis, whereas in India, it contributes 12 per cent to the total CO

GST Council may take up proposal for cutting rate on steel scrap to 5%

The GST rate on other kinds of scrap such as plastic, rubber, and wood has already been reduced from 18% to 5%

Budget 2020: Stainless steel sector seeks zero duty on ferro-nickel, scrap

Removal of duty on ferro-nickel and stainless steel scrap is a long standing demand and the Ministry of Steel has also at times batted for zero duty on these items.

Steel Ministry urges FinMin to remove import duty on stainless steel scrap

Important elements like nickel and chromium are already present in stainless steel scrap