Business

Tata Steel targets greener future through recycling

CityHilights

New Delhi

Tata Steel plans to produce 10–15 million tonnes (MT) of steel through recycling in the next 10–15 years, according to CEO and MD T.V. Narendran. This move is part of the company’s effort to shift from traditional methods to eco-friendly steelmaking both in India and Europe.

In the financial year 2024–25, Tata Steel produced 30.92 MT of steel out of its 35 MT global capacity. The company now aims to increase its total capacity to 40 MT in India by 2030. A major part of the sustainability strategy involves adopting low-carbon technologies and reducing dependence on blast furnaces.

In the UK, Tata Steel has already shut down blast furnaces at its Port Talbot plant in South Wales and is building an electric arc furnace (EAF) that runs on scrap steel. A similar plan is being discussed with the Dutch government for Tata’s plant in IJmuiden, Netherlands. By 2035, Tata Steel plans to stop using blast furnaces in Europe completely.

Narendran also shared updates on India-based projects. A recycling unit near Delhi is operational, and a 0.75 MT capacity recycling plant in Ludhiana is expected to be ready by the end of this financial year.

Tata Steel sees this shift—from "linearity to circularity"—as a key to sustainable growth. The company currently operates over 26 MT of capacity in India and 1.7 MT in Thailand. The planned transition to greener technologies reflects Tata Steel’s long-term vision of reducing emissions and supporting a circular economy.

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