Quantifying Carbon Footprints for Bhagwati Steel
Nusrath Jahan NA
- Published on July 25, 2024
Bhagwati Steel, a leading name in the steel industry, partnered with Monk Spaces to undertake a thorough Life Cycle Assessment (LCA) of their TMT bars. This initiative aims to elevate environmental transparency and foster sustainable practices in steel manufacturing. Monk Spaces meticulously evaluated the environmental impacts of Bhagwati Steel’s TMT bars, focusing on their use of 80% scrap steel. The LCA adhered to the stringent standards of ISO 14040 and ISO 14044, along with the EN 15804 guidelines, ensuring a robust and standardised analysis.
The assessment encompassed the complete lifecycle of the TMT bars, spanning from the extraction of raw materials to their end-of-life disposal. It included upstream activities like raw material sourcing, core manufacturing processes, transportation logistics, and downstream waste management. Key environmental impact indicators such as Global Warming Potential (GWP), acidification, eutrophication, and resource depletion were carefully examined.
Significant insights emerged from the LCA, highlighting the substantial environmental benefits of utilising 80% scrap steel in production. The study identified significant environmental factors, with electricity consumption and material efficiency being the primary contributors to the overall environmental footprint.
Monk Spaces provided strategic recommendations to enhance further sustainability, including adopting renewable energy sources, increasing the use of recycled materials, and optimising manufacturing processes. These suggestions aim to minimise the environmental impact of TMT bar production, improve resource efficiency, and reinforce Bhagwati Steel’s commitment to sustainable development.
In summary, the comprehensive LCA conducted by Monk Spaces offers profound insights into the environmental impacts of Bhagwati Steel’s production methods. By implementing the suggested strategies, Bhagwati Steel can significantly mitigate its environmental footprint and set a benchmark for sustainable steel manufacturing. This collaboration underscores the critical role of environmental assessments in advancing sustainable practices and contributing to a greener future for the steel industry.