Steel from old ve­hi­cles to for­tify high­ways

Mail Today - - MY BIZ - By Mail To­day Bureau in New Delhi

THE steel min­istry has drawn up plans to set up 20 cen­tres in var­i­ous parts of the coun­try to pro­duce steel from the scrap of old com­mer­cial ve­hi­cles that will be taken off roads fol­low­ing the im­ple­men­ta­tion of the new pol­icy.

The proposed pol­icy lim­its the life of a com­mer­i­cal ve­hi­cle to 20 years.

“Our scrap pol­icy is now at a fi­nal stage and the min­istry of road, trans­port and high­ways is com­ing up with end of life cy­cle pol­icy for com­mer­cial ve­hi­ we are go­ing to have 20 ve­hi­cle scrap cen­tres,’’ said Aruna Sharma, steel sec­re­tary on Thurs­day.

She was speak­ing at a sem­i­nar on ‘Op­por­tu­ni­ties for In­dian Steel Mills in the In­fra­struc­ture sec­tor’ jointly or­gan­ised by the min­istry and Steel Guru, a steel por­tal. It may be noted that the pol­icy was given ap­proval ‘in-prin­ci­ple' at a high-level in­ter-min­is­te­rial meet­ing at the PMO re­cently to pave the way for scrap­ping of 20-year old com­mer­cial ve­hi­cles (CVs) from April 1, 2020.

Sharma said the 20 cen­tres would be set up ei­ther un­der pri­vate sec­tor or on a pub­lic-pri­vate part­ner­ship mode. The steel min­istry will in­tro­duce a steel scrap pol­icy this year which, in con­junc­tion with the much-awaited ve­hi­cle scrap­page pol­icy will lay out rules and reg­u­la­tions for us­ing scrap from old ve­hi­cles to pro­duce steel.

Once the com­mer­cial ve­hi­cles pol­icy is in place, In­dia will start pro­duc­ing steel from scrap. The Na­tional Steel Pol­icy’s tar­get of 300 mil­lion tonnes (MT) of steel pro­duc­tion by 2030-31 in­cludes steel made from both iron ore and scrap, Sharma added.

Said Vishnu Deo min­is­ter of state for steel, “We have to en­sure that the max­i­mum steel pro­duced in the coun­try is used do­mes­ti­cally,” said the min­is­ter. “The new steel pol­icy seeks to in­crease per capita steel con­sump­tion to 160 kg by 2030 from the ex­ist­ing around 64 kg,” said Deo.

Ad­dress­ing the work­shop through video con­fer­ence, steel min­is­ter Chaud­hary Biren­der Singh said, with In­dia tar­get­ing a 300 MT a year steel pro­duc­tion ca­pac­ity by 2030-31, the fo­cus of the min­istry is on do­mes­tic con­sump­tion and mak­ing the sec­tor glob­ally com­pet­i­tive. The min­istry of steel has iden­ti­fied con­struc­tion and man­u­fac­tur­ing sec­tors like ru­ral de­vel­op­ment, ur­ban in­fra­struc­ture, roads and high­ways, and rail­ways for max­i­mum con­sump­tion.

The min­is­ter de­scribed steel as the back­bone of con­struc­tion and in­fra­struc­ture sec­tor which con­sumes al­most half of the to­tal steel pro­duced. He also added that the gov­ern­ment’s ‘Hous­ing for All’ scheme can di­rectly ben­e­fit from this.

Spl hubs to be set up to ex­tract steel from scrap

The steel min­istry’s scrap pol­icy will be in­tro­duced this year.

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