Steel Authority of India (SAIL), India’s largest state-owned iron ore producer’s research wing - Research and Development Centre for Iron and Steel (RDCIS), has signed a memorandum of understanding (MoU) with Odisha-based Shyam Metallics & Energy for a special energy-saving scheme.
As per the MoU, Shyam Metallics will be one of the partners in a project to introduce retrofitting technology in the re-heating furnaces at SAIL’s small and medium re-rolling mills to reduce fuel consumption and greenhouse gas emissions.
State run firm, has increased its production of hot metal and saleable steel by 2%. The company has also posted 1% growth in crude steel production. In the first nine months of 2012-13, the company produced 10.7 million tonnes of hot metal, 10.09 mt of crude steel and 9.25 mt of saleable steel.
