The effort is a public-private partnership between the government and an Indian conglomerate.
Flat-rolled steel processor Mahindra Intertrade signed a Memorandum of Understanding with Kolkata, ferrous scrap export regulating authority, MSTC, on April 28, sealing the deal for the collaborative effort to set up an end-of-life vehicle processing facility.
“If India focuses on scrapping old automobiles, it can recover significant amounts of steel scrap, aluminum...
