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Sponge iron industry threatening environment, lives [India]

Author: Bighneswar Sahu, Merinews.com [India], Published on: 29 August 2009

There has been unprecedented growth of the sponge iron industry in India. On one hand, steel majors like POSCO, Mittal and domestic majors like Tata, Jindal have already routed huge investments in sponge iron...On the other hand, sponge iron units have emerged as small- scale industries requiring least investment...Pollution has been one of the most critical impacts of this industry, affecting health of the local population...these plants are medium and small-scale units and don't have any technical system to minimize carbon dioxide and other green house gas emission...Other than the government agencies, Industrialists must act more responsibly to protect the environment instead of simply looking for profit.

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Related companies: ArcelorMittal Jindal Mittal Steel (part of Arcelor Mittal) Posco Tata Group Tata Iron and Steel (TISCO) (part of Tata Group)