Tata Steel launches mobile app for sourcing steel scrap

The steel recycling division of Tata Steel has announced it is launching a mobile app for sourcing steel scrap in India, the company said on August 19.

The app - named FerroHaat - claims to be a world first and aims to source steel scrap from traders in India. The app is a step toward organizing the currently disorganized Indian scrap supply chain, while also providing a reliable source of scrap metal for the industry and creating a circular economy in India’s steel sector, the company said.

In addition, Tata Steel hopes to lower its dependency on steel imports, which aligns with...

Published

Carrie Bone

August 24, 2020

15:56 GMT

London