Steel-related Contracting Service in India
Entry into the Rapidly-growing Indian Steel Market
In 2025, we acquired stock in FSNL (Ferro Scrap Nigam Limited), a state-owned steel slag treatment company, which has supported the Indian steel industry for more than 40 years since its founding in 1979. This has enabled us to be the first industry player to enter the Indian steel market. India’s crude steel production capacity is expected to double from 150 to 300 million tons by 2030, and this growth in steel production will require treatment of an increasing amount of by-products and waste materials. We will utilize our long years of experience and expertise regarding the effective utilization of resources, which we have accumulated by doing business in Japan, to reduce the environmental impact of the Indian steel industry and thereby contribute to the sound development of both the Indian steel industry and the Indian economy.
-
Main offices of FSNL
(head office located in Bhilai, Chhattisgarh State)FSNL has robust connections with major steelmaking companies in India, which are primarily operated by the state. In anticipation of growth in the Indian economy, we will further expand the scope of its business.
-
Steelmaking processes and scope of business at FSNL
Ironmaking and steelmaking produces slag as a by-product of the iron included in its raw materials and secondary materials. This slag includes both metal, which can be reused as scrap iron, and other slag, which can be reused at steel mills or recycled as materials for paved roads or concrete aggregate. FSNL specializes in the treatment, recovery, and selection of slag produced in such steelmaking processes, as well as its recycling and reuse. It utilizes its technical capability and operational expertise built up over long years to help improve the recovery rate of iron resources, reduce waste, and limit environmental impact. As a major part of the resource circulation in the steel industry, it supports the development of sustainable steelmaking processes.
Utilizing the iron scrap recovered from steelmaking slag reduces environmental impact. The graph on the left shows the rate of reduction when recovered iron scrap is used to produce one ton of crude steel (compared with a rate of 100% for no recycling).
Using recycled iron scrap as a raw material enables environmental impact to be reduced this much across the entire steelmaking process.
40% reduction in water use
74% reduction in energy use
76% reduction in water pollutants
85% reduction in air pollutants
94% reduction in raw material use
97% reduction in waste from raw materials such as iron ore and coal
About our service
