Published On:July 6 2023
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Tata Steel plans EAF plants to recycle steel in South India too.
Steel behemoth Tata Steel’s electric arc furnace-based recycling plants could come up in an auto hub in southern India. While the first of the steel recycling plants is coming up in Ludhiana, with a capacity of 0.75 million tonnes per annum (mtpa), Tata Steel plans to set up similar EAFs in other parts of the country as part of its plan to hit 36 mtpa manufacturing capacity in its domestic operations.
"If this model is successful, and in the next two years the Ludhiana plant will be operational, then we want to actually replicate this everywhere. So, the 36 to 40 million tonnes capacity (domestic) target can be reached by replicating this electric arc furnace route,” says TV Narendran, CEO & MD, Tata Steel Ltd.
HBL