Visa Steel (VSL), incorporated in 1996, is part of Visa Group. Headquartered at Kolkata, the company has manufacturing facilities located at Kalinganagar and Golagaoan.VISA Steel Limited is a subsidiary of VISA Infrastructure Limited. The VISA Group is a minerals, metals and energy conglomerate with business interests in Steel, Power, Cement, International Trading and Urban Infrastructure etc.
VISA Steel is a leading player in the Indian Special Steel and Ferro Chrome. It has its Registered office in Bhubaneswar; Corporate office in Kolkata and Branch offices across India.The company has presence in countries like India, China, Australia, Indonesia, Switzerland, UK and Hong Kong.
In 2013 VISA Steel Limited and SunCoke Energy, Inc. formed their coke making joint venture in India.
The company’s manufacturing facility, located at Kalinganagar, has a production capacity of 225,000 tonne per annum (TPA) of pig iron, 4,00,000, 50,000 TPA ferro chrome and TPA of coke oven.
VSL’s Golagaon manufacturing facility has a chrome ore beneficiation plant and a chrome ore grinding plant with an installed capacity of 1,00,000 TPA each.
Pig Iron- The company manufactures three grade of pig iron such as basic, foundry and special that have applications in casting and steel making.
LAM Coke- VSL manufactures good quality coke by blending low cost soft coking coals with hard coking coals. Generally this coke is sold to blast furnaces, ferro alloy plants, chemical plants and foundries across India.
The company produces chrome concentrate that has application in ferro chrome/ stainless steel production. It also produces 50000 TPA of ferro chrome.
The steel major entered into a 51:49 joint venture with Bao Steel to form Visa Bao. Visa Bao was formed to set up a 1,00,000 tonne ferro-chrome plant in Orissa for an investment of Rs 260 crore.