Jindal Stainless Doubles Slag Capacity to Boost Circular Production
Steel

Jindal Stainless Doubles Slag Capacity to Boost Circular Production

Jindal Stainless, India’s largest stainless steel producer, has announced the doubling of its slag processing capacity with a new wet milling plant at its Jajpur, Odisha, facility. The initiative supports the company’s circular production goals by recovering metals from industrial waste, conserving natural resources, and creating around 140 new jobs in the region.

The company has partnered with Harsco Environmental, a global leader in sustainable metal recovery solutions, under a 15-year agreement worth USD 150 million to build and operate the plant. The recovered metal value is expected to offset the investment over the contract period, further strengthening their long-standing collaboration in circular operations.

Commenting on the development, Abhyuday Jindal, Managing Director, Jindal Stainless, said, “As we expand capacity to meet growing demand responsibly, we are deepening our partnership with Harsco Environmental to advance circularity in stainless steel production. The new wet milling plant will set benchmarks in metal recovery and waste management while benefiting local communities.”

Manjunath Raghavelu, Managing Director, India & MEA, Harsco Environmental, added, “This 15-year partnership marks Jajpur as India’s first site with two wet milling plants. It strengthens our joint commitment to sustainability and the circular economy.”

The project aligns with Jindal Stainless’ broader ESG roadmap and its goal to achieve Net Zero emissions by 2050. In FY25, the company reduced its carbon footprint by 14per cent through initiatives such as India’s first green hydrogen plant for steel production and the country’s largest captive solar power facility within a single industrial campus.

Jindal Stainless, India’s largest stainless steel producer, has announced the doubling of its slag processing capacity with a new wet milling plant at its Jajpur, Odisha, facility. The initiative supports the company’s circular production goals by recovering metals from industrial waste, conserving natural resources, and creating around 140 new jobs in the region. The company has partnered with Harsco Environmental, a global leader in sustainable metal recovery solutions, under a 15-year agreement worth USD 150 million to build and operate the plant. The recovered metal value is expected to offset the investment over the contract period, further strengthening their long-standing collaboration in circular operations. Commenting on the development, Abhyuday Jindal, Managing Director, Jindal Stainless, said, “As we expand capacity to meet growing demand responsibly, we are deepening our partnership with Harsco Environmental to advance circularity in stainless steel production. The new wet milling plant will set benchmarks in metal recovery and waste management while benefiting local communities.” Manjunath Raghavelu, Managing Director, India & MEA, Harsco Environmental, added, “This 15-year partnership marks Jajpur as India’s first site with two wet milling plants. It strengthens our joint commitment to sustainability and the circular economy.” The project aligns with Jindal Stainless’ broader ESG roadmap and its goal to achieve Net Zero emissions by 2050. In FY25, the company reduced its carbon footprint by 14per cent through initiatives such as India’s first green hydrogen plant for steel production and the country’s largest captive solar power facility within a single industrial campus.

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code