Setback: Panel Rejects Ship-Breaking Steel for TMT Bars

A recent development has seen the Steel Ministry panel dismissing a proposal that sought to incorporate steel plates from ship-breaking into the production of TMT (Thermo-Mechanically Treated) bars. The decision bears implications for the steel sector, impacting the potential utilization of a significant resource stream. The proposal's rejection underscores the ongoing challenges in diversifying raw materials for steel production. Proponents argued for the cost-effectiveness and sustainability of repurposing ship-breaking steel, while opponents emphasized concerns about the structural integrity and quality standards of resulting TMT bars. This decision resonates across the steel industry, affecting manufacturers, suppliers, and stakeholders. The rejection reflects the regulatory body's commitment to stringent quality control and adherence to established standards in the production of construction materials.