JSW Steel Ltd
||This article appears to be written like an advertisement. (July 2013)|
|Traded as||BSE: 500228
|Headquarters||Mumbai, Maharashtra, India|
|Key people||Sheshagiri Rao MVS, Dr.Vinod Nowal|
|Products||Steel, flat steel products, long steel products, wire products, plates|
|Revenue||346.58 billion (US$5.5 billion) (2012)|
|Profit||16.26 billion (US$260 million) (2012)|
|Subsidiaries||Ispat industries Ltd|
JSW Steel Ltd. (BSE: 500228, NSE: JSWSTEEL) is an Indian steel company owned by the JSW Group based in Mumbai, Maharashtra, India. JSW Steel is among India's largest steel producers, with an installed capacity of 14.3 MTPA.
As part of the US $18 billion O. P. Jindal Group, JSW Group has diversified interests in steel, energy, minerals and mining, infrastructure, cement and information technology. JSW's history can be traced back to 1982, when the Jindal Group acquired Piramal Steel Limited, which operated a mini steel mill at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel Company (JISCO).
The Group set up its first steel plant in 1982 at Vasind near Mumbai. Soon after, it acquired Piramal Steel Ltd., which operated a mini steel mill at Tarapur in Maharashtra. The Jindals, who had wide experience in the steel industry, renamed it as Jindal Iron and Steel Co. Ltd. (JISCO). Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in the Bellary-Hospet area of Karnataka, the heart of the high-grade iron ore belt and spread over 3,700 acres of land. It is just 340 km from Bangalore, and is well connected with both the Goa and Chennai ports. In 2005, JISCO and JVSL merged to form JSW Steel Ltd.
JSW Steel has also formed a joint venture for setting up a steel plant in Georgia. The Company has also tied up with JFE Steel Corp, Japan for manufacturing the high grade automotive steel. JSW Steel has recently acquired a majority stake in Ispat Industries Ltd. This will make JSW Steel India's largest steel producer with a combined capacity of 14.3 MTPA by March 2011. The Company has also acquired mining assets in Chile, USA and Mozambique.
In 1994, Jindal Vijayanagar Steel (JVSL) was set up with its plant located at Toranagallu in the Bellary-Hospet area in the State of Karnataka, the heart of the high-grade iron ore belt and spread over 3700 acres of land. over a decade. It also set up a plant at Salem with an annual capacity of 1 million tonne. It is on the threshold of a major expansion plan of adding 3.2 million tons per annum to its at Vijayanagar Plant to achieve 11 MTPA by 2011. It has established a strong presence in the global value-added steel segment with the acquisition of a steel mill in US and a Service Center in UK. JSW Steel has also formed a joint venture for setting up a steel plant in Georgia. The Company has further acquired iron ore mines in Chile and coal mines in USA & Mozambique.
'Vijayanagar Works'- India’s first 10 MTPA steel plant at single location, “the fastest growing steel plant in India”. The JSW Steel Vijayanagar plant is the first integrated steel plant to reach 10 MTPA capacity in a single location. It is the first in India to use the Corex technology for hot metal production.
The first hot strip mill at Vijayanagar was commissioned in 1997. Since then it has grown exponentially and now has an installed capacity to produce 10 MTPA of steel. Located at a remote village Toranagallu part of under developed North Karnataka in the Bellary-Hospet iron ore belt of Karnataka, the fully integrated steel plant, is well-connected with both the Goa and Chennai ports.
Unique features- Regarded as the world’s Corex showpiece; it was the first Greenfield project in India and among the first in the world to have successfully used this technology to produce “green steel” Houses India’s largest blast furnace and the widest hot strip mill The only plant in India with pair-cross technology and twin-stand reversible cold-rolling mill The highest productivity steel plant in India, producing 800-plus tonnes per person per annum Recognised for its ‘zero-effluent discharge’ status; it reuses more than 95 per cent of process waste Low carbon footprint as it recycles 96% of coke oven gas for power generation Uses sophisticated ambient air control infrastructure beyond and has reduced gas flaring to lower levels.
'Salem Works'- JSW acquired SISCOL in the year 2004, a sick unit at that time. Quick turnaroundof the plant was achieved by expanding capacity from 0.3 Mt to 1 Mt and switching over to value added products.
Located advantageously at just about 350 km from Chennai, the Salem plant has emerged as a global steel hub for automobiles and auto components.
Unique features- Complete product range Rounds: 5.5 to 200 mm RCS: 55 to 240 mm Flats: 60 to 101 series DSIR Approved R&D Centre with sophisticated modern equipments. Online Automatic inspection and testing facilities for Rounds and RCS up to 160 mm State of the art Infrared and phased array ultrasonic testing facilities. High precision rolling Reducing and Sizing block in Bar and rod mill
'Dolvi Works'- The 3.3 MTPA integrated steel plant at Dolvi,Maharashtra majority stake acquired in 2010, is an inherent part of JSW Steel. Located on the west coast of India, the plant has a jetty with a capacity of 10 million tonnes per annum. This provides the unit with logistical advantages in importing raw materials and savings on freight cost. The unit is well connected through rail, road and sea and has given the JSW Steel a strategic presence in western India.
The Dolvi plant caters to several industries including automotive, projects and construction, machinery, LPG cylinder-makers, cold rollers, oil and gas sector and consumer durables.
Unique features- The Dolvi plant is the first in India to adopt a combination of Conarc technology for steelmaking and compact strip production (CSP) for producing hot rolled coils. The main feature of CSP is thin slab casting. It can produce coils with thickness as low as 1.2 mm. HR coils produced at Dolvi are feed material for the two JSW Steel cold rolling and downstream facilities at Vasind and Tarapur.
'Vasind Works'- The Vasind plant focuses on JSW- branded high-end steel products.It sources HR Steel coils from the Dolvi and Vijayanagar plants to manufacture value-added, branded steel products such as galvanised steel, plain and corrugated products as well as colour-coated products. JSW Steel The Vasind plant focuses on JSW- branded high()end steel products.It sources HR Steel coils from the JSW Steel Dolvi and Vijayanagar plants to manufacture value-added, branded steel products such as galvanised steel, plain and corrugated products as well as colour-coated products.
The journey that started in 1982 with the commissioning of a 20 high cold rolling mill has turned into a full-fledged complex with cold rolling, hot rolling, galvanizing and colour coating facilities. Galvanised steel from Vasind is a market leader in both domestic and international markets. The unit exports mainly to the USA, Europe and Middle East Asia and South African Continent.
The plant has a total capacity of 0.45 MTPA in galvanised and cold-rolled products, 0.225 MTPA colour coated products and hot-rolled plates manufacturing facility.
Unique features- Part of India’s largest coated product producer and exporter of galvanised steel. Manufacturer of appliance grade colour coated products, a revolutionary product in the Indian steel industry which will replace imported steel in the manufacture of white goods in India. Turn Around Delivery Time within three weeks of demand.
'Tarapur Works'- The Tarapur plant marks one of the first milestones for JSW Steel. This plant was originally inaugurated on 11 May 1974 by Hon. Vasant Rao Naik, the then Chief Minister of Maharastra. The plant was acquired by Late Shri O. P. Jindal on 9 November 1982, from Piramal Steel Limited and renamed Jindal Iron and Steel Company. The plant offers coated products catering to several sectors. Tarapur plant specializes in galvanizing, Galvalume and colour coated steels. It is India’s largest producer and exporter of Coated Products.
The Tarapur plant has five cold rolling mills and five coated strip divisions, which include two dual pot galvanising cum galvalume lines, two colour coated lines and a 30 MW captive power plant.
It has a total capacity of 0.75 million tonnes per annum (including ongoing projects) and sources coils from the Vijayanagar and Dolvi plants to manufacture value-added branded steel products.
Unique features- The Tarapur plant is specialized for the Ultra Thin Coated Products. The Tarapur plant features two dual product lines for galvanized cum Galvalume with a coating capacity of 0.45 MTPA. It also has 30 MW Captive Power Plant (CPP) to meet the power requirement of both Tarapur and Vasind plant. Tarapur has a zero discharge facility having a multi-effect evaporator system for effluent treatment. It has a unique service center facility to meet the customized requirement of various segment like Export, OEM, Retail for their cut sheet/ corrugation and profiling requirement It has also installed rainwater harvesting system to meet its water requirement.
'Kalmeshwar Works'- Kalmeshwar works One of the downstream operations of JSW Steel is executed from Kalmeshwar. Unique features- Zero Liquid Discharge Facility
Plant info- The Kalmeshwar plant has a pickling line, two rolling mills, two galvanising lines, two colour-coating lines, a Galvalume line, six slitting and 7 cut-to-length lines, two profiling lines and a tile profiling line.
- Hot Rolled Product
- Cold Rolled Product
- Galvanised Product
- Pre-painted Galvanised Product
Steel Making Process- One of the key drivers of India’s GDP growth is steel. Normally it is observed that the requirement for steel grows approximately 1.2 times relative to GDP. Critical infrastructural projects, auto, power and pipe-lines, transport systems and housing projects are all dependent on the availability of quality steel. As one of the most versatile and resilient materials, steel forms the backbone of every developing economy. The Company’s foray into this core sector was fuelled by the desire to provide India quality steel, made indigenously in order to reduce imports.
By introducing new technologies and creating quality products, JSW Steel has made a mark in the steel sector. The Company has installed different forms of technologies to produce hot metal which is leveraged to make use of varying grade of inputs.
Today, JSW Steel offers the widest range of products to cater to different sectors and markets spread across the globe. From galvanized steel, of which we are the world’s leading producer, to rebars, colour coated products and even wire-rods, our product portfolio spans an expansive gamut. The Company produces practical solutions in conjunction with the R&D team to introduce the best products. Our various tie-ups with global market leaders are also bringing the cutting-edge of international steel making technology to India. JSW Steel is leveraging resources and technology efficiently and innovatively to maximize returns.
Quick info Quick Link JSW Group Diversified interests in core sectors... Quick links JMD & Group CFO speaks Projects under development JSW Steel |
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