H.Sridhar 18Me061

Total Page:16

File Type:pdf, Size:1020Kb

H.Sridhar 18Me061 H.SRIDHAR 18ME061 Highly developed iron and steel culture The famous IRON PILLAR - pure composition iron used - presence of phosphorous - absence of sulphur /magnesium - slag particles distribution The swords , daggers etc Smelting in small shaft furnaces Wrought iron Steel These methods were continued uninterrupted until the end of 19th century. First modern iron works start at barakar in bihar in 1875 (Bengal iron and steel Co) TISCO in 1908 at tatanagar , Jamshedpur. The Indian iron and steel Co. started at 1918 The Mysore iron and steel works at bhadrawati in 1918 Hindustan steel pvt ltd in 1955 (DSP,RSP,BSP) World Steel Production : 1527 MT Indian Steel Production : 72 MT World Ranking in Production : 4th World Ranking in Consumption : 3rd Projected Capacity by 2016-17 : 150 MT Projected Capacity by 2019-20 : 200 MT Projected Capacity by 2030 : 500 MT Integrated Steel Plants Bhilai Steel Plant (BSP) in Chhattisgarh Durgapur Steel Plant (DSP) in West Bengal Rourkela Steel Plant (RSP) in Orissa Bokaro Steel Plant (BSL) in Jharkhand Special Steel Plants Alloy Steels Plants (ASP) in West Bengal Salem Steel Plant (SSP) in Tamil Nadu Visvesvaraya Iron and Steel Plant (VISL) in Karnataka Subsidiaries Indian Iron and Steel Company (IISCO) in West Bengal Maharashtra Elektrosmelt Limited (MEL) in Maharashtra Bhilai Oxygen Limited (BOL) in New Delhi Tisco JSW Essar Steel RINL MECON MOIL MSTC KIOCL NMDC Tisco -1908 country's single largest Integrated steel plant ranks 34th in the world Technical collaboration with Nippon Steel & Arcelor In January 2007 Tata Steel made a successful $11.3 billion offer to buy European steel maker Corus Group PLC. 40 36.5 35 30 26.2 25 24.2 20 15 14.3 12.02 10 Controlled 9.36 6.75 5 Regime 5.05 3.23 1.1 1.1 1.62 0 1951 1991 2005 Structure of Iron & Steel Industry in India Type of Plant Number of Units Total Capacity (million tonnes per year) BF-BOF based Integrated Steel Plant 8 29.997 EAF Based Integrated Steel Plant 3 10.600 EIF based plant 1170 28.833 EAF/ EOF based mini steel plant 37+2 9.500 Gas Based DRI plant 3 8.000 Coal Based DRI plant 418 26.600 Mini BF based Pig Iron plant 42 - Ferro Alloy Units 173 4.045 Hot Re-Rolling Mills 1794 40.844 Cold Re-Rolling Mills 65 10.200 Galvanising Units 20 5.593 Colour Coating Units 6 0.515 Tin Plate Units 2 0.250 Wire Drawing Units 69 1.222 Indian Steel Industry is highly fragmented with a variety of process routes and thousands of small & medium units for iron & steel making and also downstream processing Process Routes in Integrated Steel Plants in India Plant Process Route Capacity (million tonnes per year) SAIL, BSP, Bhilai BF-BOF/THF 3.925 SAIL, DSP, Durgapur BF-BOF 1.802 SAIL, RSP, Rourkela BF-BOF 1.900 SAIL, BSL, Bokaro BF-BOF 4.360 SAIL, ISP, Burnpur BF-BOF 0.500 RINL, VSP, Vishkapatnam BF-BOF 2.910 Tata Steel, Jamshedpur BF-BOF 6.800 JSW Steel, Bellary BF/Corex-BOF 7.800 JSW Ispat Steel, Dolvi DRI/BF-Con Arc 3.600 JSPL, Raigarh DRI/BF- AC EAF 2.400 Essar, Hazira DRI/HBI/BF/Corex- DC EAF 4.600 Even in Integrated Steel Plants, diverse process routes for iron making are adopted, not visible elsewher. Quantity %age Pipe Long 13.928 42% Prods. HR 7.254 22% GP Plates 1.832 5% Long Products CR 2.251 7% GP 4.790 14% CR Pipes 3.616 11% Plate Total 33.670 100% HR HR Indian Potential for Iron & Steel Huge Potential for Demand • High GDP growth rate of 7% • 1 billion population • Low per capita steel consumption of 33kg (World av. 181 kg) Growth Skilled Human Resources Abundant Iron Ore factors Reserves 23 billion tonnes for India Government Policy • Stable currency •Encouraging trade relations with ASEAN and other countries • Easing of regulations • Infrastructure building • Strong Banking & judicial system • Exploring new Energy resources SWOT ANALYSIS OF INDIAN STEEL INDUSTRY STRENGTHS WEAKNESSES •Abundant resources of iron ore •High cost of energy •Low cost and efficient labour force •Higher duties and taxes •Strong managerial capability •Infrastructure •Strongly globalised industry and •Quality of coking coal emerging global competitiveness •Labour laws •Modern new plants & modernised old •Dependence on imports for steel plants manufacturing equipments & •Strong DRI production base technology •Regionally dispersed merchant rolling •Slow statutory clearances for mills development of mines SWOT ANALYSIS OF INDIAN STEEL INDUSTRY OPPORTUNITIES THREATS • Huge Infrastructure demand • Slow growth in infrastructure development • Rapid urbanisation • Market fluctuations and China’s • Increasing demand for consumer export possibilities durables • Global economic slow down • Untapped rural demand • Increasing interest of foreign steel producers in India Steel has a future in India & and there are strong fundamentals to support the growth. Indian steel production is growing and is expected to grow at 8-10% decadal growth rate. New Plants must adopt stat-of-the-art technologies. BF most established route of iron production and likely to grow, followed by DRI & SR routes. Raw material up gradation and new Product development have to be given due importance. “An introdution to MODERN IRON AND STEEL MAKING” by Dr.R.H.Tupkary and V.P.Tupkary “STEEL SECTOR”,2009 ,puplished by government of India..
Recommended publications
  • Report on Fly Ash Generation and Its
    REPORT ON FLY ASH GENERATION AT COAL / LIGNITE BASED THERMAL POWER STATIONS AND ITS UTILIZATION IN THE COUNTRY FOR THE 1ST HALF OF THE YEAR 2020-2021 (April 2020 to September 2020) CENTRAL ELECTRICITY AUTHORITY NEW DELHI MARCH 2021 CONTENTS PARA No. PAGE DESCRIPTION No. 1.0 Background 1 2.0 Ash Generation & Utilization during the 1st Half Year 2020-21 2 2.1 A Brief Summary 2 Power Utilitywise Status of Fly Ash Generation & its utilization during 2.2 3 the 1st Half Year 2020-21 State wise Status of Fly Ash Generation & its utilization during the 1st 2.3 9 Half Year 2020-21 Present Status of Fly Ash Utilization as per MoEF’s amendment 3.0 10 notification dated 3rd November, 2009 3.1 Range of Fly Ash Utilization during the 1st Half Year 2020-21 11 Thermal Power Stations that have achieved 100% or more ash 3.2 11 utilization during the 1st Half Year 2020-21 Power Stations in Fly Ash Utilization level of 90% to less than 100% 3.3 17 during the 1st Half Year 2020-21 Power Stations in Fly Ash Utilization level of 70% to less than 90% 3.4 18 during the 1st Half Year 2020-21 Power Stations in Fly Ash Utilization level of 50% to less than 70% 3.5 20 during the 1st Half Year 2020-21 Power Stations with Fly Ash utilization level of less than 50% during 3.6 22 the 1st Half Year 2020-21 Power Stations with no Fly Ash Generation during the 1st half of the 3.7 24 Year 2020-21 4.0 Modes of Fly Ash utilization during the 1st Half Year 2020-21 25 5.0 Conclusions & Recommendations 27 List of Abbreviations 31 Fly Ash Generation and its Utilization at Coal / Lignite based Thermal Annexure-I Power Stations in the country during the 1st Half Year of 2020-21 (Power Utility Wise) i LIST OF TABLES & FIGURES TABLE PAGE TITLE OF TABLE No.
    [Show full text]
  • Ecor AARTI STEELS LTD SDG ASGN Ecor BADEARAPUR BDXX Ecor GCB SIDING PARADEEP PORT, PARADEEP CBSP Ecor DAITARI DATR Ecor HIRAKUD
    Annexure I (Para 1.9) List of loading points selected in sample S.no ZR Name of loading points Code 1 ECoR AARTI STEELS LTD SDG ASGN 2 ECoR BADEARAPUR BDXX 3 ECoR GCB SIDING PARADEEP PORT, PARADEEP CBSP 4 ECoR DAITARI DATR 5 ECoR HIRAKUD HKG 6 ECoR JAGDALPUR JDB 7 ECoR KIRANDUL KRDL 8 ECoR LAPANGA LPG 9 ECoR ARYAN ISPAT & POWER PVT. LTD MAIL 10 ECoR BHUSHAN STEEL LTD. SIDING MBMB 11 ECoR NMDC IRON ORE LOADING DEPOSITE NO. 5 SIDING - BACHELI NMDB 12 ECoR NMDC'S MALLINGER VALLEY SDG, KIRANDUL NMVK 13 ECoR NERGUNDI JN. NRG 14 ECoR NAYAGARH NYG 15 ECoR PORJANPUR PRNR 16 ECoR RENGALI RGL 17 ECoR SUKINDA ROAD SKND 18 ECoR VISHAKHAPATNAM-PORT VZP 19 SER BARBIL BBN 20 SER BARA JAMDA JN. BJMD 21 SER BADAMPAHAR BMPR 22 SER BANSPANI BSPX 23 SER BIMLAGARH JN. BUF 24 SER BARSUAN BXF 25 SER BOLANI FINE ORE OF M/S BSL BYFS 26 SER BOLANIKHADAN BYX 27 SER DEOJHAR DJHR 28 SER M/S ESSEL MINING & INDURSTRIES LTD'S PVT. SDG. EMIJ 29 SER NEW BUNKER SIDING OF M/S SAIL (NMDC) AT KRBU FOS 30 SER GUA GUA 31 SER GORUMAHI SANI GUMI 32 SER HINDUSTAN STEEL LTD. HLSR 33 SER M/S IRON & STEEL CO. SDG, MANOHARPUR IISM 34 SER BASPANI IRON ORE LTD. JARULI IOJB 35 SER BUNKER SIDING AT GUA FOR M/S. INDIAN IRON STEEL CO. LTD. ISCG 36 SER TISCO'S JODA EAST BIN, BANSPANI JMDT 37 SER JODA EAST IRON MINE PVT. SDG M/S TISCO JMTB 38 SER JODA EAST DIRECT ENTRY PVT.
    [Show full text]
  • Iron & Steel and Scrap 2016.Pmd
    IRON & STEEL AND SCRAP Indian Minerals Yearbook 2016 (Part- II : Metals & Alloys) 55th Edition IRON & STEEL AND SCRAP (FINAL RELEASE) GOVERNMENT OF INDIA MINISTRY OF MINES INDIAN BUREAU OF MINES Indira Bhavan, Civil Lines, NAGPUR – 440 001 PHONE/FAX NO. (0712) 2565471 PBX : (0712) 2562649, 2560544, 2560648 E-MAIL : [email protected] Website: www.ibm.gov.in February, 2018 9-1 IRON & STEEL AND SCRAP 9 Iron & Steel and Scrap ron & steel is decidedly the vital component of of iron & steel is sufficient to meet the domestic Ia country's economy and is considered demand, it imports mainly finished/semi-finished amongst the driving force of modernisation. steel and iron & steel (scrap) to meet specific The level of per capita consumption of steel is requirements and supply of essential grades. treated as one of the important indicators of socio-economic development and living Liberalisation of the Indian Steel Sector standards in any country. Steel continues to The Government's new economic policies be the foremost of engineering materials, which have opened up opportunities for expansion of not only is environment-friendly but also is the Steel Industry. With a view to accelerating recyclable. growth in the Steel Sector, the Government since The finished steel production in India has 1991 has been initiating and implementing a grown from a mere 1.1 million tonnes in 1951 to number of policy measures. These measures have 90.98 million tonnes in 2015-16. There, however impacted the Indian Steel Sector positively in was a decline of 1.3% in the production reported terms of modernisation and growth.
    [Show full text]
  • The Indian Steel Industry: Key Reforms for a Brighter Future
    National Council of Applied Economic Research The Indian Steel Industry: Key Reforms for a Brighter Future September 2015 The Indian Steel Industry: Key Reforms for a Brighter Future September 2015 National Council of Applied Economic Research 11 Indraprastha Estate, New Delhi 110 002 NCAER | QUALITY . RELEVANCE . IMPACT (c) 2015 National Council of Applied Economic Research Support for this research from Tata Steel is gratefully acknowledged. The contents and opinions in this paper are those of NCAER alone and do not reflect the views of Tata Steel or any its affiliates. Published by Anil K Sharma Secretary and Head of Operations and Senior Fellow The National Council of Applied Economic Research Parisila Bhawan, 11 Indraprastha Estate New Delhi 110 002 Tel: +91-11-2337-9861 to 3 Fax: +91-11-2337-0164 [email protected] www.ncaer.org The Indian Steel Industry: Key Reforms for a Brighter Future THE INDIAN STEEL INDUSTRY: KEY REFORMS FOR A BRIGHTER FUTURE IV NATIONAL COUNCIL OF APPLIED ECONOMIC RESEARCH Parisila Bhawan, 11 Indraprastha Estate, New Delhi 110 002 Tel.: + 91 11 2337 0466, 2337 9861 Fax + 91 11 2337 0164 [email protected], www.ncaer.org Shekhar Shah Director-General Foreword There is much excitement in India about the ‘Make in India’ program launched by the new Modi government. It is expected that with improved ease of doing business in India, including the reform of labor laws, rationalization of land acquisition, and faster provision of transport and connectivity infrastructure, both foreign and domestic investment will pick up in manufacturing. The hope is that the rate of growth of manufacturing will accelerate and the share of manufacturing in GDP, which has been stagnant at about 15 per cent for the last three decades, will increase to 25 per cent.
    [Show full text]
  • India Financial Sector. House of Debt
    02 August 2012 Asia Pacific/India Equity Research Regional Banks (Financials) / UNDERWEIGHT India Financial Sector Research Analysts SECTOR REVIEW Ashish Gupta 91 22 6777 3895 [email protected] House of Debt Prashant Kumar 91 22 6777 3942 Figure 1: Borrowings of ten groups equivalent to 13% of bank loans [email protected] Borrowings of 10 corporate groups 6,000 Rs bn 5,395 5,000 4,000 3,705 3,000 2,819 2,204 2,000 1,450 993 1,000 0 FY07 FY08 FY09 FY10 FY11 FY12 Source: Company data, Credit Suisse estimates, ■ Concentration risk rising. Over last five years, Indian banks have witnessed strong (20% CAGR) loan growth. However, this has increasingly been driven by select few corporate groups; aggregate debt of these ten groups has jumped 5x in the past five years and now equates to 13% of bank loans and 98% of the banking system’s net worth. Therefore, surprisingly now in terms of the concentration risk, Indian banks rank higher than most of their Asian and BRIC counterparts. ■ Group financials stretched. With economic slowdown and largely similar sectoral exposure to sectors (power & metals) and multiple assets of each group stressed, financials of these groups are stretched. Average group debt to EBITDA for this set is 7.6x and already four of 10 have interest cover Previously published Reports (EBIT/P&L interest cost) of <1. Unwelcome clouds on the horizon ■ Some macro positives visible. Over the past few weeks, wholesale rates have moderated, domestic liquidity deficit has contracted and current account deficit Pockets of over-leverage visible appears to be narrowing.
    [Show full text]
  • Thermal Power Plants in Odisha
    Thermal Power Plants in Odisha Sl. Name Address & Contact Generation No. Person with E-mail-id Capacity in MW 1. M/s Aarti Steel Ltd. At-Ghantikhala, 80 Po- Mahakalabasta, Athagada, Cuttack Mr. Pritish Dash, Manager (Env.) [email protected] M-9437083942 2. M/s ACC Ltd. Bargarh Cement Works, 30 Cement Nagar, Bardol, Bargarh, Pin No. 768 038, Ph No. 91-6646-247161, Fax. 91-6646-246430 Mr. Debapratim Bhadra, Head- Energy & Env. debapratim.bhadra@accli mited.com M-9777447636 arupkumar.das@acclimite d.com 3. M/s Action Ispat & Power At: Pandripathar, 63 (P) Ltd. P.O. Marakuta, Dist-Jharsuguda, Pin No. 768202 Mr. BhabyaRanjan Nayak, Environment Dept. environment.bhabyaranja [email protected] Mr. Ranjan Sahu Asst. Env. Officer, M-7752023544 [email protected] om 4. M/s Bhushan Power & Vill-Thelkoloi, 370 Steel Ltd. P.O. Lapanga- 768232 Teh. Rengali, Dist-Sambalpur, Mr. Niranjan Parida, Dy. Manager, [email protected] M-9437150569 Sl. Name Address & Contact Generation No. Person with E-mail-id Capacity in MW 5. M/s Bhushan Steel Ltd. At- Narendrapur, 142 Meramundali, Dhenkanal Ph. No. 06762-300000 / 660002 / 660000, Fax. 91-011-66173997 Mr. Santosh Pattajoshi, Sr. Manager, santosh.pattajoshi@bhusha nsteel.com M-7077757663 ram.sharma@bhushansteel .com 6. M/s Bhushan Energy Ltd. At-Ganthigadia, 300 P.O. Nuahata, Via-Banarpal, Dist-Angul Pin No. 759128 Ph-6762-300000 Fax. 011-66173997 7. M/s Birla Tyres At/Po-Chhanpur, Kuruda, 20 Balasore-756056, Ph. No. 06782- 254621/254225, Fax.06782-254225 Mrs. Suchismita Patnaik, Team Member, suchismita_patnaik@birlaty re.com 8.
    [Show full text]
  • Fourth-Largest Producer of Crude Steel
    • Steel production in India has increased at a CAGR of 7.9 per cent over FY2009–14 to Fourth-largest producer 81.54 million tonnes per annum (MTPA). The country is slated to become the second- of crude steel largest steel producer by 2016, as large public and private sector players strengthen steel production capacity in view of rising demand • Huge scope for growth is offered by India’s comparatively low per capita steel Strong growth consumption and the expected rise in consumption due to increased infrastructure opportunities construction and the thriving automobile and railways sectors Technological • Increased government and corporate sector focus on using innovative production advancements techniques for enhancing operational as well as financial performance is a positive • Domestic players’ investments in expanding and upgrading manufacturing facilities are Rising domestic and expected to reduce reliance on imports. In addition, the entry of international players* international would provide benefits in terms of capital resources, technical knowhow and more investments competitive industry dynamics Source: Ministry of Steel 2011 GrowingRobust demanddemand Increasing investments 2016E • Demand would be supported by • To achieve steel capacity build-up Market growth in the domestic market of 300 million tonnes per annum Market (MTPA) by 2025, India would need value: • Infrastructure, oil & gas and value: to invest USD210 billion over the automotives would drive the USD95.3 USD57.8 next decade billion growth of the industry
    [Show full text]
  • DEPARTMENT of COMMERCE International
    This document is scheduled to be published in the Federal Register on 11/13/2017 and available online at https://federalregister.gov/d/2017-24517, and on FDsys.gov DEPARTMENT OF COMMERCE International Trade Administration Initiation of Antidumping and Countervailing Duty Administrative Reviews AGENCY: Enforcement and Compliance, International Trade Administration, Department of Commerce SUMMARY: The Department of Commerce (the Department) has received requests to conduct administrative reviews of various antidumping and countervailing duty orders and findings with September anniversary dates. In accordance with the Department’s regulations, we are initiating those administrative reviews. DATES: Applicable [Insert date of publication in the Federal Register]. FOR FURTHER INFORMATION CONTACT: Brenda E. Waters, Office of AD/CVD Operations, Customs Liaison Unit, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce, 1401 Constitution Avenue, NW, Washington, DC 20230, telephone: (202) 482-4735. SUPPLEMENTARY INFORMATION: Background The Department has received timely requests, in accordance with 19 CFR 351.213(b), for administrative reviews of various antidumping and countervailing duty orders and findings with September anniversary dates. All deadlines for the submission of various types of information, certifications, or comments or actions by the Department discussed below refer to the number of calendar days from the applicable starting time. 2 Notice of No Sales If a producer or exporter named in this notice of initiation had no exports, sales, or entries during the period of review (POR), it must notify the Department within 30 days of publication of this notice in the Federal Register. All submissions must be filed electronically at http://access.trade.gov in accordance with 19 CFR 351.303.1 Such submissions are subject to verification in accordance with section 782(i) of the Tariff Act of 1930, as amended (the Act).
    [Show full text]
  • SAIL News June 2013
    eSAILnews<Ç-ºÉä±ÉxªÉÚVÉ Vol-02 No-3, June 2013 o"kZ&02 vad&3] twu 2013 First-time Supply of Switch-point Rails to Railways ChairmanSAILMrCSVermaatBhilaiRail&StructuralMillduringhisvisittotheplantinJanuarythisyear he first consignment of 18 pairs of thick web asymmetric West Bengal marks the successful culmination of this end-forged rails was flagged off on Jul 13 by CEO BSP Mr S commitment. These rails shall help Indian Railways to lay high Chandrasekaran. The commercial production of these speed, high strength and long life switches in their network. Indian Tfacilities was earlier inaugurated by Chairman SAIL Mr CS Verma in Railways have projected a yearly demand of 10,000 tonnes of January this year. It all started with a commitment to this effect these switch rails. No producer in India makes these specialized made by SAIL to Railway Board, after which a forging unit was rails and this is an import substitution item. This installed in BSP on a priority basis. The dispatch of the first achievement is especially important as it shall help consignment of these rails to Rail Vikas Nigam Limited, Tamluk, Railways in their plan to increase traffic load and speed. COVERSTORY CEOBSPMrSChandrasekaranflaggingoffdispatchofthefirst CEOBSPwithRailandStructuralMillcollective batchofthickwebasymmetricend-forgedrailstoIndianRailways onthespecialoccasion BSP’s Rail and Structural Mill has constantly endeavoured to task of forging one end of these rails to enable its joining with develop new value-added products for its esteemed customer, stock rails. Indian Railways. The plant had earlier developed and successfully On its part, Bhilai has once again successfully exhibited its rolled thick web asymmetric rails. Exhibiting faith in its five- eagerness to be a one-stop shop for all rail requirements of Indian decade old partnership with SAIL, Indian Railways entrusted the Railways – the biggest customer of SAIL.
    [Show full text]
  • Morning Notes Date: 27.01.2012
    Morning Notes Date: 27.01.2012 For Internal circulation only GRAPH GLOBAL NEWS Asia Stocks Snap 2-Day Rally, Yen Rises Asian stocks snapped a two-day rally after U.S. home sales unexpectedly fell and the yen gained against the dollar, damping the earnings outlook for the region’s exporters. James Hardie Industries SE (JHX), a building-materials KEY INDICES supplier that gets almost 70 percent of sales from the U.S., Indian Markets slid 0.3 percent in Sydney. Inpex Corp. (1605), Japan’s No. 1 energy explorer, advanced 2 percent after oil and metal prices gained. NEC Corp., a Japanese electronics maker, slid Index Close Change (%) 7.1 percent after saying it will cut 10,000 jobs and S&P CNX NIFTY 5158.30 0.60 forecasting its third annual loss in four years. CNX NIFTY JUNIOR 9751.00 1.46 South Korean Manufacturers’ Confidence Index Is Near CNX 100 5031.05 0.74 Lowest Since July ‘09 S&P CNX DEFTY 3569.70 0.51 S&P CNX 500 4051.80 0.87 South Korean manufacturers’ confidence is near a 30- CNX MIDCAP 7051.00 1.39 month low as Europe’s debt crisis dims the outlook for exports. An index measuring expectations for February was NIFTY MIDCAP 50 2096.85 1.71 at 81 from January’s 79, the lowest level since July 2009, a SENSEX 17077.18 0.48 statement from the Bank of Korea showed in Seoul today. A measure of expectations at non-manufacturing companies Global Markets was unchanged at 79. South Korea’s economy grew the least in two years in the fourth quarter as exports sank Index Close Change (%) because of Europe’s crisis and a faltering global expansion, a government report showed yesterday.
    [Show full text]
  • JSW Steel at a Glance
    Better Everyday Annual Report 2017/18 Better Everyday. In Pursuit of Excellence. Corporate Overview Statutory Reports Financial Statements Contents JSW Steel at a Glance Corporate Overview The flagship Company of JSW Group, JSW Steel is India’s leading integrated 02 Message from the Chairman and steel manufacturer with a capacity of 18 MTPA. It is one of the fastest Managing Director growing companies in India with a footprint in over 100 countries. Guided by 04 Value Creation at JSW Steel the philosophy of ‘Better Everyday’, the Company stays ahead of the curve consistently, delivering exceptional stakeholder value. Statutory Reports 05 Corporate Information 06 Management Discussion Better Everyday. and Analysis In Pursuit of Excellence. 42 Directors’ Report 96 Report on Corporate Governance Everyday excellence is not a state of being, but a continuous journey. The net result of the continued efforts are better than the previous day, everyday. At JSW Standalone Financial Statements Steel, it’s our inherent nature to explore better ways of working to constantly 128 Independent Auditor’s Report maintain leadership position across the different activities we undertake. Be 134 Balance Sheet it steel production, community empowerment, environmental contributions or 135 Statement of Profit and Loss continuous innovation, we pursue the best and strive to make it better. 136 Statement of Changes in Equity 137 Statement of Cash Flows Over the years, JSW Steel has grown to be a market leader in the Indian steel 139 Notes to the Standalone Financial industry and has established significant international presence. We have Statements traversed dynamic market conditions and challenging demand-supply equations to reach where we are now.
    [Show full text]
  • STEEL LIMITED Registered Office: Jindal Mansion, 5A, Dr
    STEEL LIMITED Registered Office: Jindal Mansion, 5A, Dr. G Deshmukh Marg, Mumbai 400 026. Tel. No.: +91 22 23513000 Fax: +91 22 23526400 COURT CONVENED MEETING OF THE 10% CUMULATIVE REDEEMABLE PREFERENCE SHAREHOLDERS OF JSW STEEL LIMITED Day : Wednesday Date : January 30, 2013 Time : 12.30 p.m. Venue : Y B Chavan Auditorium, General Jagannathrao Bhonsle Marg, Nariman Point, Mumbai 400 021, Maharashtra. CONTENTS PAGE NOS. Notice of Court Convened Meeting of the 10% Cumulative Redeemable Preference 2 - 3 Shareholders of JSW Steel Limited Explanatory Statement under Section 393 of the Companies Act, 1956 4 - 18 Composite Scheme of Amalgamation and Arrangement amongst JSW ISPAT Steel Limited 19 - 43 (‘JSW ISPAT’) and JSW Building Systems Limited (‘JSW Building’) and JSW Steel Coated Products Limited (‘JSW Steel Coated’) and JSW Steel Limited (‘JSW Steel’) and their respective Shareholders and Creditors under Sections 391 to 394 of the Companies Act, 1956. Attendance Slip 45 Form of Proxy 47 1 1_Notice _ Preference Shares _JSW Steel.indd 1 12/27/2012 10:21:15 PM IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO 857OF 2012 In the matter of the Companies Act, 1956 (1 of 1956); AND In the matter of Sections 391 to 394 of the Companies Act, 1956; AND In the matter of Composite Scheme of Amalgamation and Arrangement AMONGST JSW ISPAT Steel Limited (‘The Transferor Company 1’) AND JSW Building Systems Limited (‘The Transferor Company 2’) AND JSW Steel Coated Products Limited (‘The Transferee Company 1’) AND JSW Steel Limited (‘The Transferee Company 2’) AND Their respective shareholders and creditors JSW Steel Limited, a Company incorporated under ) the Companies Act, 1956 having its Registered ) Office at Jindal Mansion, 5A, Dr.
    [Show full text]