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The company produces long product structural steel, ferro alloys, pellet and sponge iron. [6] SMEL got listed at Bombay Stock Exchange and National Stock Exchange of India on 24 June 2021. [7] At the time of its IPO the company used to operate three manufacturing plants located at Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. [8]
REAL Group | Real Ispat and Power Limited (RIPL) is an integrated steel and power manufacturing firm based in Raipur, Chhattisgarh, India. The company manufactures sponge iron, power, billet, TMT rebars, wire rod, H.B. wire, binding wire, galvanized iron (GI) wire, barbed wire and eco bricks. Main products of the company are Real Wire and GK ...
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 ...
The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. [ 1 ] As per worldsteel , India's crude steel production in 2018 was at 106.5 million tonnes (MT), 4.9% increase from 101.5 MT in 2017, which means that India overtook Japan ...
Direct reduced iron (DRI), also called sponge iron, [1] is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) into iron by a reducing gas which contains elemental carbon (produced from natural gas or coal) and/or hydrogen. When hydrogen is used as the reducing gas no carbon dioxide is produced.
The facilities include a 0.4 million TPA Coke Oven Plant, 0.225 million TPA Pig Iron Plant, 0.3 million TPA Sponge Iron Plant, 0.05 million TPA Ferro Chrome Plant, 75 MW captive power plant, 0.5 million TPA Steel Melt Shop (with EAF, LRF and VD) and 0.5 million TPA Rolling Mill (Bar & Wire Rod Mill).
Constituted in 1964 by the Ministry of Steel, Government of India for formulating guidelines for production, allocation, pricing and distribution of iron and steel materials, Joint Plant Committee (JPC) underwent a major transformation in 1992, when following the de-regulation of Indian steel industry, it moulded itself into a facilitator for industry, focusing on giving form to a ...
On 21 December 2010 it was declared that JSW Steel will buy controlling interest in Ispat Industries at an enterprise value of $3 billion to emerge as India's largest private producer of the steel with an annual capacity of 1.43 crore (14.3 million) tonnes. In June 2012, the complete merger of JSW Steel and JSW Ispat steel has been completed.