JSW STEEL

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JSW STEEL

  • Presence in over 100 countries
  • India’s largest steel exporter
  • Production capacity of 18 MTPA
  • Consolidated total income of Rs 30,848 crore (US$ 6.01 billion) in H1 FY19

JSW Steel is a flagship company of the JSW Group. The company is a leading integrated steel manufacturer. Currently one of the fastest growing companies in India, it has a presence in over 100 countries. JSW is also the first company to manufacture high-strength and advanced high-end steel products for its automotive segments.

With the largest product portfolio in steel, the company is also India's largest steel exporter, shipping to over 100 countries across five continents. With plants in Karnataka, Tamil Nadu and Maharashtra, it has the capacity to produce 18 million tons per annum (MTPA). Now, as the company ramp-ups production plans, it is on track to hit the 40 MTPA mark, within a span of 10 years.

Company Website: https://www.jsw.in

JSW Steel – Better Everyday

2018 Reported highest ever quarterly crude steel production of 4.31 million tonnes in Q1 2018
2018 Announced investments of US$ 500 million to build its US operations in Texas
2016 JSW Steel announced that it has completed the acquisition of 74 per cent shareholding of Praxair India Private Limited in JSW Praxair Oxygen Private Limited (JPOPL)
2014 Announced the launch of Cold Rolling Mill 2 (CRM-2) mill facility at Vijayanagar Works, Karnataka
2012-13 Became India's largest private sector integrated steel manufacturer with production capacity of 14.3 MTPA
2009 The 2.8 MTPA crude steel expansion project at Vijayanagar Works commenced commercial production enhancing overall manufacturing steel capacity of the company to 7.8 MTPA
2005 The company's name was changed to JSW Steel on June 16, 2005
2004 JSW Group acquired and took over the company
1999 Entered into an agreement with Steel Authority of India Limited (SAIL) for procuring slab
1997 Commissioned Blast Operating Furnace (BOF) and Continuous Casting Project (CCP) units to synchronize with the commissioning of the first unit of Corex
1995 Entered into a Joint Venture (JV) with Praxair to build and operate the world's largest cryogenic air separation plants
1994 Incorporated as Jindal Vijayanagar Steel Ltd on March 15, 1994

 

Updated: December, 2018

Steel
India became world's third largest crude steel producer in 2017.