New Delhi: Tata Steel has partnered with Germany's SMS group to explore the development of low carbon steel-making process. As part of the MoU, both companies shall undertake further technical discussions and initiate actions for conducting a Joint Industrial Demonstration of the EASyMelt technology developed by SMS group, Tata Steel said in a statement.
"The demonstration will be executed at E Blast Furnace in Tata Steel's Jamshedpur plant with an objective to reduce CO2 emission by more than 50 percent from blast furnace's baseline operation," it said. The EASyMelt (electric-assisted syngas smelter) technology is an iron-making solution that can be implemented in existing integrated steel plants to accelerate decarbonisation.
T V Narendran, CEO & MD, Tata Steel said, "We actively look for solutions to facilitate the transition to green steel production, and thus contribute to a sustainable future. Further, India being the second largest steel producer in the world also places a huge responsibility on large manufacturers like Tata Steel to lead the country's decarbonisation journey."
Tata Steel intends to take this association ahead with a deeper collaboration to access better technologies and processes to reduce the carbon footprint in a meaningful and consistent way, he said. Tata Steel is prioritising decarbonisation and has set a goal of achieving net zero carbon emissions by 2045.
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