Jindal Stainless Ltd (JSL) said on Tuesday that its 0.8 million tonne per annum (mtpa) scrap-based stainless steel unit at Jajpur in Odisha commissioned a metal recovery plant in association with Harsco Corporation of US.
This plant is a part of multi-year contract between JSL and Harsco. The plant will recover stainless steel from slug.
JSL will buy the recovered metal – estimated to be 5,000 to 6,000 tonnes a year -- from Harsco. A company spokesperson told Business Line that JSL did not need to invest in setting up the recovery facility.
JSL imports stainless steel scrap for the Odisha unit. It also has a coke making unit of 0.8 mtpa capacity at Jajpur.