JSW Steel Ltd.

Type

Public company

Traded as

BSE: 500228
NSE: JSWSTEEL

Industry

Steel

Founded

1982

Founder(s)

Sajjan Jindal
(Chairman)

Headquarters Mumbai, Maharashtra, India

Worldwide

Key people

Sheshagiri Rao MVS, Dr.Vinod Nowal

Products

Steel, flat steel products, long steel products, wire products, plates

Revenue

346.58 billion (US$5.8 billion) (2012)

Profit

16.26 billion (US$270 million) (2012)

Parent

JSW Group

Subsidiaries

Ispat industries Ltd

Website

www.jsw.in

1|P a g e

JSW Steel Ltd. (BSE: 500228, NSE: JSWSTEEL) is an Indian steel company owned
by the JSW Group based in Mumbai, Maharashtra, India. JSW Steel, after merger of
ISPAT steel, has become India's largest private sector steel company 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. The Company has also acquired mining assets in Chile, USA
and Mozambique.
Contents

A. History
B. Facilities
C. Products
A. History
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 highgrade iron ore belt and spread over 10,000 acres of land.[6] 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 valueadded 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.The current manufacturing capacity of company is 14.3 Million metric
tons per annum.
2|P a g e

B. Facilities
1.) 'Vijayanagar Works'- Indias 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 wellconnected with both the Goa and Chennai ports.
Unique features- Regarded as the worlds 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 Indias 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 800plus 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.
2.) '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
3.) '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.
3|P a g e

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.
4.) '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 colourcoated 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 Indias 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.
5.) '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 Indias 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.
4|P a g e

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.
6.) '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.
C. Products
1)
2)
3)
4)
5)
6)

Hot Rolled Product

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 worlds
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.

5|P a g e