Mahindra MSTC Recycling center to feed shredding plant in Dahej
NEW DELHI (Scrap Register): A joint venture of the Mahindra and Metal Scrap Trade Corporation (MSTC), plans to set up three new collection and dismantling (C&D) centres in Calcutta, Chennai and Mumbai, in addition to its existing facility at greater Noida.
The company, which buys old vehicles from individuals and institutions, is also expecting to commission a shredding plant at Dahej next year. Scrap cars once collected are transported to the dismantling centres and stripped of polluting materials such as tyres, airbags and batteries before being converted into scrap steel.
India is currently importing seven million tonnes of shredded scrap. Use of domestic scraps could substitute imports and save foreign exchange.
There will be a requirement of 70 such shredding plants to negate existing imports of shredded scraps and about 300 C&D (collection and dismantling) centres are required to be set up.
Every tonne of new steel made from scrap steel is estimated to save 1,115 kg of iron ore, 625 kg of coal, 53 kg of limestone, 642 kilo watt hour of energy and 287 litres of oil.