Tata Steel has commenced exports of Tata Ferroshots, a granulated pig iron product, from its plant at Kalinganagar in Jajpur district of Odisha.
Rajiv Kumar, Vice President (Operation) of Tata Steel Kalinganagar Plant, flagged off the first export consignment to a South East Asian country, yesterday, the company said in a statement today.
Tata Ferroshots was launched by the steelmaker from its Kalinganagar plant in March, it said.
Within a few months of its launch, the product garnered a lot of interest from steel industry, which has traditionally used pig iron, sponge iron and scrap.
The end use of Tata Ferroshots includes electric arc furnaces, induction furnaces, cupolas, basic oxygen furnaces and foundries as a replacement of pig iron, scrap or DRI. Its inherent properties lead to better yield, higher productivity and lower energy cost. Besides, the process of manufacturing is safe and environment-friendly, the company claimed.
Tata Steel is setting up a 6 million tonne per annum (MTPA) integrated steel plant at Kalinganagar in two phases. The first phase of 3 MTPA state-of-the-art steel plant is being implemented for an investment of Rs 25,000 crore.
The plant was dedicated by Odisha Chief Minister Naveen Patnaik on November 18, 2015, and commercial production from the plant started in May, the release added.