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Tata Steel launches two products

Outlook, 18th January, 2018

New Delhi, Jan 18 Tata Steel today announced the launch of two products and said that their addition to the company’s portfolio will be significant for the steel major.

“Tata Steel has launched two new products, Tata Aggreto and Tata Nirman, India’s first branded LD slag products for applications in road, fly ash brick and clinker making,” the company said in a statement.

Speaking at the launch, Tata Steel CEO and MD T V Narendran said the company has always believed in sustainable growth which has been embedded at the very core of its work ethos and following this philosophy, the steel major is on a journey to reduce the carbon footprint.

Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonne per annum (MTPA) as on March 31, 2017.

Kolkata, Jan 18 Tata Steel today announced launch of two new products, country’s first branded LD slag products for applications in road, fly ash brick and clinker making.

The introduction of the two new branded products Tata Aggreto and Tata Nirman is by Industrial by-products Management Division of the steel major.

LD slag is a byproduct of the Linz-Donawitz process which is produced as pig iron and is processed into crude steel.

Tata Steel produces a wide range of industrial by-products which serve as key raw materials for various industries, the company said in a statement.

The company said it has pioneered value creation out of by-products as part of its quest to contribute to a sustainable ecosystem.

The addition of these two branded products in Tata Steel’s portfolio will be significant for the company and the industry as it marks India’s first step in the branded products category for processed steel slag.

IBMD or Industrial By-Products Management Division deals with all by-products generated in the steel making value chain from raw materials to finished goods stage. IBMD came into existence as a profit centre in the year 2009, the company said.

Currently, it is a Rs 3000-crore plus business unit with sale of about 10 mtpa of by-products, the company said.

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