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Virbhadra Singh, Minister of Steel, Govt. of India dedicated the new state-of-the-art Hot Strip Mill at JSW Steel Vijayanagar Works to the Nation today, 31st July 2010. This is the widest and largest Hot Strip Mill in the Country.
Sajjan Jindal, VC&MD of JSW; Dr. Vinod Nowal, Director& CEO, JSW Steel, C.S Verma, Chairman, SAIL and several other dignitaries were also present on the occasion.
On this occasion, Steel Minister also handed over the Steel Minister’s Trophy for the best operating Integrated Steel Plant for the year 2007-08 to Sajjan Jindal. The panel of judges comprising of technologists, economists, consumers of steel and workers’ representative based on a set of criteria covering operational, financial, market, export, quality, customer satisfaction, environment and HR related parameters adjudged JSW Steel the ‘Runners Up’ amongst the best performing integrated steel plants in India.
Dr. Nowal, in his welcome note, threw light on the achievements & future plans of JSW. He said that when the whole world was reeling under the pressures of global economic downturn, JSW went ahead to commission one of the Country’s largest Blast Furnaces. He also spoke about the Company’s plans to commission the largest Sinter Plant, the largest Coke oven plant and the largest beneficiation plant of the Nation in the time to come. Dr.Nowal expressed his happiness on receiving the Steel Minister’s Trophy and complimented all employees and their family members on the occasion.
Sajjan Jindal in his address said, “This is a historical day for the steel industry in India. We are happy to be a partner in the progress of India. The commissioning of new HSM facility at Vijayanagar will enable us to introduce high value products for the automotive sector and specialized steel for the energy sector in India, in addition to strengthening our processes in line with global benchmarks”. Mr. Jindal also congratulated the JSW employees and other stakeholders on being conferred with the Steel Minister’s Trophy for the year 2007-08. He said “Employees are My Strength, Who Convert My Dreams into Reality”.
Addressing a huge gathering at JSW’s Vijayanagar Bellary Works, the Hon’ble Steel Minister, Govt. of India, Shri Virbhadra Singh congratulated JSW Steel for its achievement. He further added, “India is the third largest producer of crude steel in the world, surpassing developed countries like USA and Russia”. He termed JSW as the youngest and the fastest growing Integrated Steel Plant in the Country with novel technologies like Corex and non-recovery coke ovens. He commended JSW for its green and clean environs.
This is the second Hot Strip Mill (HSM) at Vijayanagar. This state-of-the-art HSM at Vijayanagar was completed in March 2010 and the Mill commenced commercial production on April 10, 2010. The new mill has 2250 mm width and a 1.5 mm – 25 mm thickness range, widening the product basket. The increased product basket will facilitate Company’s entry in high-value products including carbon structure steel, high quality carbon steel, IF steel, low alloy steel, API steel (X-80) and structural steel for high growth segments such as oil & gas, shipbuilding & tubing, automotive sector (dual phase steel and trip steel) among others.
Salient features of HSM:-
JSW Steel’s Vijayanagar Plant has the current production capacity of 7 Million Tonnes Per Annum and it will become the 10 MTPA capacity plant in 2011, making it the single largest Integrated Steel Plant at a single location in India. JSW Steel has been ranked as the 2nd best operating Integrated Steel Plant in the World among top 35 ‘World Class’ steel makers by World Steel Dynamics as per their latest report of June 2010, based on weighted average score on different parameters.