Search results
Results from the WOW.Com Content Network
The company manufactures and sells sponge iron, mild steel slabs, rails, mild steel, structural, hot rolled plates, iron ore pellets, and coils. [6] Jindal Steel and Power set up the world's first MXCOL plant at Angul, Odisha that uses the locally available and cheap high-ash coal and turns it into synthesis gas for steel making, reducing the ...
In May 2023, JSW Steel reached an in-principle agreement with JFE Steel to establish a 50:50 joint venture to manufacture cold-rolled grain-oriented (CRGO) electrical steel in India. [46] [47] In March 2024, JSW Steel Italy SRL inked an MoU with the Government of Italy to invest €140 million in restarting production at the Piombino plant. [48]
Steel Authority of India Limited (SAIL) is an Indian public sector steel manufacturing corporation based in New Delhi. It is the largest government -owned steel producer, [ 3 ] with an annual production of 18.29 million metric tons. [ 4 ]
The strategic goal above is justified because steel consumption in the world, around 1000 million metric tonnes in 2004, is expected to grow at 3.0% per annum to reach 1,395 million metric tonnes in 2015, compared to 2% per annum in the past fifteen years. China will continue to have a dominant share of the demand for world steel.
Rashtriya Ispat Nigam Limited (RINL) is the government entity of Visakhapatnam Steel Plant (VSP), India's first shore-based integrated steel plant built with state-of-the-art technology. Visakhapatnam Steel Plant (VSP) is a 7.3 MTPA plant. It was commissioned in 1992 with a capacity of 3.0 MTPA of liquid steel.
Steel Industrials Kerala Limited (Steel Industrials Limited Kerala [2] or SILK) is a state-owned steel manufacturing company in the state of Kerala, India. [ 2 ] [ 3 ] [ 4 ] [ unreliable source? ] The company manufactures steel castings, does structural fabrications, building of small vessels and barges, breaking of ships and vessels.
During the early 2000s recession, heavy losses forced the company, as well as Essar Steel and JSW Steel, into debt restructurings. [2] However, the company was not able to implement a turnaround and in 2010, losses reached Rs 2,500 crore. [2] In 2010, JSW acquired a 41.57% interest in the company for ₹2157 crore and renamed it JSW Ispat Steel.
The SRMB group has been promoted by the late Radha Kishan Beriwala, the father of SRMB Group's chairman Shri Brij Mohan Beriwala. The SRMB Group, as the group is popularly known today, manufactures Fe:500&550 D TMT Bars which are seismic resistant. The group is the first to introduce "X" pattern Ribs on Fe 500, IS :1786 grade steel bars.