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JSW STEEL

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JSW STEEL

  • Presence in over 100 countries
  • India’s largest steel exporter
  • Production capacity of 18 million tonnes per annum (MTPA)
  • Crude steel production stood at 16.06 million tonnes in FY20
  • Revenue from operations at Rs 73,326 crore (US$ 10.40 billion) in FY20

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 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.

JSW Steel plans to increase its capacity to produce around 27 million tonnes (MT) of crude steel by financial year 2022 from about 18 MT in fiscal year 2020.

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

JSW Steel – Better Everyday

2021

JSW Steel is the only Indian Steel company ranked amongst the list of top 10 steel producers in the world by “World Steel Dynamics” for last 10 consecutive years.

The company reported 13.06 lakh tonnes of production in the month of February 2021 down by 1 percent for the same month in 2020.
2020

JSW Steel offered differential pricing as part of its personalised services for micro, small and medium enterprises (MSMEs)

Acquired Bhushan Power and Steel Ltd in a deal worth Rs. 19,700 crore (US$ 2.82 billion)
2019 JSW Group entered paints business, eyeing Rs. 2,000 crore (US$ 290.3 million) revenue by FY22
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
2013 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

 

Steel
India's current steel producing capacity of is ~140 mtpa and the figure is anticipated to rise to 300 mtpa by 2030-31.