Once separated from the molten metal or scrap during the melting process, it can be recycled by the steel industry for metal recovery using jaw crushers and magnetic separators.
SEATTLE (Scrap Monster): The steel industry of Pakistan has been facing a number of challenges including but not limited to import of raw materials at a competitive price owing to currency fluctuations as well as the hike in power tariffs. Amongst many other challenges, there is an ongoing debate on what raw materials are relevant to the industry.
A number of inputs have been disallowed to the steel industry through Sales Tax General Order (STGO) 12/2022 dated April 07, 2022. The analysis of data pertaining to inputs claimed by the steel sector had led the FBR to conclude that these sectors are misusing the facility of filing automated sales tax returns. Some of the inputs claimed by the sector are not relevant to their business.
An in-depth investigation into the relevance of these inputs that were disallowed to the steel sector has shown that the STGO was rightly guided for a variety of reasons ever since the steel industry is lobbying to get the STGO rescinded.
One such input claimed by a few of the steel players in the market is slag. The analysis of data revealed that input adjustment on slag was claimed by only a few steel manufacturers and not all of them. This surprising observation led the writer to further dig out why slag is not claimed as an input across the steel industry since their industrial processes are almost the same.
The process of steelmaking produces valuable by-products that are profitable for the companies if they are sold off in the appropriate industries. The by-products or waste produced from steelmaking generates revenues for steel manufacturers all over the world. These by-products are rich in elements that make them economically viable to be recycled and reused in several industries. One such by-product of the steel manufacturing process is steel slag. The slag basically occurs in the form of molten liquid melt that solidifies upon cooling.
Once separated from the molten metal or scrap during the melting process, it can be recycled by the steel industry for metal recovery using jaw crushers and magnetic separators; however, the rate of metal recovery is extremely low. Any piece of steel that may have remained intact during the steel-melting and refining processes can be recovered from slag; however, there is a difference between recovering any piece of steel from slag and claiming slag as a raw material for making steel.
Courtesy: www.brecorder.com
Image and article originally from www.scrapmonster.com. Read the original article here.