HomeSteel & CommoditiesSteel Secy. reiterates sustainability in sector

Steel Secy. reiterates sustainability in sector

Published on

Calls for reducing Carbon emissions & promoting sustainability

The ministry of steel recently organized a National Workshop on “Forging Sustainability in the Steel Sector” which aimed at driving sustainable practices in the steel industry by engaging with stakeholders on the important issues of the steel sector by focusing on the sustainable practices, emerging technologies and tools to mitigate the challenges. 

Addressing the challenge of rising carbon emissions amid growing demand, Mr Nagendra Nath Sinha, Secretary Ministry of Steel pointed out that India’s per ton crude steel emission is 25% higher than the global average and is attributed, inter alia, to factors such as lack of natural gas, the quality of available iron ore, which requires beneficiation for use in Direct Reduced Iron (DRI) processes and the limited availability of scrap, with domestic scrap generation standing at only 20-25 million tonnes.

To address these challenges, Mr Sinha mentioned the ongoing efforts of a task force comprising the Ministry of Mines and the Ministry of Environment, Forest and Climate Change which is focused on encouraging the beneficiation of low-grade iron ore to improve its suitability for steelmaking. 

He also discussed historical factors affecting scrap availability and noted that the policies like Extended Producer Responsibility (EPR) for the auto sector proposed by the Ministry of Environment, Forest and Climate Change, aims at increasing vehicle scrap availability, though the industrial and construction sectors will continue to have higher steel consumption.

Despite these challenges, there is a dire need for undertaking responsible actions to significantly reduce carbon emissions. 

He pointed out that 90% of emissions in steel making come from Scope 1 (within the factory gates), with the remaining emissions from Scope 2 (electricity generation) and Scope 3 (upstream processes).

spot_img

Latest articles

Minister Lokesh, Google elevate Vizag onto the global Tech map

Search Giant’s mega AI hub in Vizag to be the world’s largest outside US In...

SIFY breaks ground for Vizag’s 1st AI powered Data centre & open CLS

To invest Rs 1500 crores in 2 phases Giving a major boost to the government’s...

Choose AP over other states: Minister Lokesh to Investors

Andhra Pradesh’s Minister for Human Resources Development, IT, Electronics & Communication, and RTG, Mr Nara...

Vizag Port welcomes SCI’s newly inducted Indian flag LPG vessel

Major port Visakhapatnam port Authority, (VPA) today recorded a key milestone in India’s maritime...