JSW is part of $10 billion OP Jindal Group. It has grown to $5 billion in little over a decade and has presence across various sectors - Steel, Energy, Minerals, Port & Infrastructure, Cement, Aluminium and IT. JSW Steel, the flagship company of the JSW Group, is today an integrated steel manufacturer. JSW Steel is the largest private sector steel manufacturer in terms of installed capacity.
The Group set up its first steel plant in 1982 at Vasind near Mumbai. Soon after, it acquired Piramal Steel Ltd., which operated a mini steel mill at Tarapur in Maharashtra. The Jindals, who had wide experience in the steel industry, renamed it as Jindal Iron and Steel Co. (JISCO). In 1994, in order to achieve the vision of moving up the value chain and building a strong, resilient company, Jindal Vijayanagar Steel (JVSL) was setup, with its plant located at Toranagallu in the Bellary-Hospet area of Karnataka, the heart of the high-grade iron ore belt and spread over 3,700 acres of land. It is just 340 kms from Bangalore, and is well connected with both the Goa and Chennai ports. In 2005, JISCO and JVSL merged to form JSW Steel.
JSW Steel is one of the lowest cost steel producers in the world. It has established a strong presence in the global value-added steel segment with the acquisition of steel mill in US and a service center in UK. JSW Steel has also formed a joint venture for setting up a steel plant in Georgia. The Company has also tied up with JFE Steel Corp, Japan for manufacturing the high grade automotive steel. JSW Steel has acquired a majority stake in Ispat Industries Ltd. The Company has also acquired mining assets in Chile, USA and Mozambique.Today JSW Steel has plants in six locations in India - Vijayanagar in Karnataka, Salem in Tamil Nadu, and Tarapur, Vasind, Kalmeshwar and Dolvi in Maharashtra.Its global operations include a plate and pipe mill in the US. In order to securitise resources, the company has acquired mining assets in Chile, USA and Mozambique.
Manufacturing facilities JSW Steel's manufacturing units are located in Bellary District near Bangalore, near Mumbai and Tamil Nadu.
Its manufacturing facilities, Vijayanagar Works in Bellary district is the first greenfield project in the world to have Corex technology to produce hot metal.
JSW Steel’s Vasind & Tarapur Works, located near Mumbai, is India’s biggest producer and largest exporter of galvanized steel. The total capacity of this plant is 0.9 MTPA of galvanised, Galvume and colour coated cold rolled products.
The company’s Tamil Nadu plant, Salem Works manufactures pig iron, steel, billet and rolled steel products with 1 MTPA of production capacity.
JSW Steel is India’s third largest steelmaker that has received various certifications such as ISO: 9001 for Quality Management System, ISO: 14001 for Environment Management System and OHSAS: 18001 for Occupational Health and Safety Management System.
Products of the company
JSW Steel received CII-ITC Sustainability Award for Significant Achievement in Economic, Environment and Social Performance.
It was honoured with CII-Exim Bank Award for significant Achievement towards Business Excellence
The company received Gold Award in Metal and Mining Sector: for Outstanding Achievement in Safety Management by Greentech Foundation.