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JSW Ispat Steel Ltd (JISL) was an Indian company with operations in iron, steel, mining, energy and infrastructure. It was set up as Nippon Denro Ispat Limited in May 1984 by founding chairman M. L. Mittal. [3] It was listed on the Bombay Stock Exchange and National Stock Exchange of India until 2013 when it was merged with JSW Steel. [4]
Mittal Steel Company was formed as Ispat International in 1978. At the time it was part of the Indian Steel company Ispat Industries which had been founded by Lakshmi Mittal's father in 1984. It was owned by the Mittal family, but in 1995 Ispat International separated from Ispat Industries after various disagreements between Lakshmi and his father.
JSW Steel Limited is an Indian multinational steel producer based in Mumbai and is a flagship company of the JSW Group. [4] After the merger of Bhushan Power & Steel , Ispat Steel and Jindal Vijayanagar Steel Limited, JSW Steel became India's second largest private sector steel company.
Pramod Mittal (born 1 September 1956) is an Indian businessman who was the chairman of Ispat Industries Limited (now JSW Ispat Steel). [1] [2] Life and career.
Qarmet, previously known as Ispat Karmet, Mittal Steel Temirtau, and ArcelorMittal Temirtau, is a Kazakhstani integrated steel and mining company that owns the Karaganda Metallurgical Plant in Temirtau, Karaganda Region, the largest steel plant in Kazakhstan. [1] Since December 2023, it is owned by the Qazaqstan Investment Corporation.
14 March – Ispat commences trading under the name Mittal Steel Ltd. 2013: ESM (Electric Steel Making) department at the Vanderbijlpark Works had to stop all 3 their Arc Furnace's and closed down the whole plant which included 3 Arc Furnace's, 2 Ladle Furnace's, 1 Vacuum Arc Degassing Plant and the V3 Continueous Caster.
In April 2019, Forest department of Bangladesh Government filed a case against GPH Ispat Limited authorities accusing them of destroying the environment by cutting 15,175 ft 3 hills and constructing makeshift dams in a protected area, and by stopping the flow of water in the area, changing course and character of the natural stream and damaging biodiversity that caused heavy financial loss. [15]
In 2004, JSW made a strategic move by acquiring Salem Steel Works, adding to its portfolio. The year 2005 witnessed a pivotal moment in group's history when JISCO and JVSL merged to create JSW Steel. [8] In 1994, JSW Energy Limited was established as power company, focusing on power generation, transmission and trading. [9]