India's Steel Minister Shri Virbhadra Singh attended the official inauguration of the new state-of-the-art hot strip mill at JSW Steel's Vijayanagar Works on July 31, dedicating the plant to the Indian nation.
Mr. Sajjan Jindal, vice chairman and managing director of JSW; Dr. Vinod Nowal, director and CEO, JSW Steel; Mr. C. S. Verma, chairman of Steel Authority of India (SAIL) and several other dignitaries were also present on the occasion.
The second hot strip mill (HSM) at Vijayanagar was successfully completed in March 2010 and the mill commenced commercial production on April 10, 2010. The new mill, the largest of its kind in India, produces products in 2,250 mm width and 1.5-25 mm thickness with a 5 million mt per annum production capacity, 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, JSW said.
JSW Steel's Vijayanagar Plant has a current production capacity of 7 million mt per annum and it will become a 10 million mt capacity plant in 2011, making it the single largest integrated steel plant at a single location in India.