Company Profile
JSW Steel Limited is a public limited company incorporated in India on March 15, 1994 under the Companies Act, 1956 and listed on the Bombay Stock Exchange and National Stock Exchange. The Company is an integrated manufacturer of diverse range of steel products with its manufacturing facilities located at Vijaynagar Works in Karnataka, Dolvi Works in Maharashtra and Salem works in Tamil Nadu.
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. In 2005, JISCO and JVSL merged to form JSW Steel.
Business area of the company
JSW Steel, the flagship business of the diversified JSW Group, is not only a leading steel manufacturing company in India but also recognized as the best steel company in India. The company has a strategic collaboration with global leader JFE Steel of Japan, enabling JSW to access new and state-of-the-art technologies to produce & offer high-value special steel products to its customers. These products are extensively used across industries and applications including construction, infrastructure, automobile, electrical applications, appliances, etc. The company is widely recognized for its excellence in business and sustainability practices.
Products of the company
Hot Rolled (HR)
Cold Rolled (CR)
Galvanised
Galvalume
Color Coated Products
Neosteel TMT Bars
Wire Rods
Special Steel
Awards and recognition
2019-20
- WSA Steel Sustainability Champions Award for two consecutive years - 2018 and 2019
- Vijayanagar and Salem Works conferred with Sustainability Award 2019 by The Indian Institute of Metals
- Awarded Corporate Governance & Sustainability Vision Awards 2020
2020-21
- World Steel Association’s Steel Sustainability Champion for three consecutive years – 2020, 2019, 2018
- Deming Prize for Total Quality Management at Vijayanagar and Salem
- Carbon Disclosure Project (CDP) rated JSW Steel at Leadership Level (A-) signifying the implementation of current best practices to mitigate climate change
- Golden Peacock Award for Sustainability 2020
2021-22
- Recognised as worldsteel Sustainability Champion for four years in a row for implementing significant sustainable measures.
- JSW Steel received the Steelie Award in Excellence in Life Cycle Assessment category for the project ‘Using LCA to evaluate the environmental performance of new product development and promotion’.
- Certified as Great Place to Work, and recognized as an employee-first organization, continually evolving with innovative work culture practices.
- Recognised as Best Brand in 2021 by The Economic Times for commanding popularity, recall success and mind awareness and the benefit of instant association.
- Won Gold for Occupational Health & Safety Award’21 with 4.5 star for overall Occupational Health & Safety Management system.
2022-23
- Vijayanagar steel Works won the ‘ISPAT SURAKSHA PURASKAR’ from JCSSI, and also won State level best industry safety award from Director of Factories
- Dolvi Works won the ‘Best Company for Employee Well-being, award from Times Ascent
- Dolvi and Salem Works won 3 ‘Platinum Awards’ at Confederation of Indian Industry IQ National Safety Practice Competition-2022
- Salem Works won ‘Gold Award’ for EHS Excellence in 15th CII - SR Environment, Health & Safety Excellence Award 2022
- Salem Works won the ‘Award of Honour’ for outstanding OH&S achievements from National Safety Council, Tamil Nadu
2023-24
- Hyundai Motors awarded JSW Steel the 'Excellence in Customer Delight' award at their Annual Vendor Meet FY 2023-24.
- Maruti Suzuki India (MSIL) felicitated JSW Steel with the 'Special Support Award' at the Maruti Supplier Conference 2024.
- Suzuki Motorcycles India awarded the JSW BPSL plant the 'Best Supplier Award' for CPS Implementation at their Annual Supplier Conference 2024.
- Schaeffler India recognised JSW Steel's Longs unit (Salem) in the 'Value' category on Supplier Day 2024
- Toyota Boshoku presented JSW Steel with an 'Appreciation for Support' Award for initiating localisation of AHSS Steel.
2024-25
- JSW Steel has been recognised with the prestigious ET Edge Best Organisation in Customer Experience 2024 award
- JSW Steel recognised and awarded for its efforts in the category Electrical Steel by BHEL in SAMVAD 4.0
- JSW Steel’s World MSME Day film won Silver in the Thought leadership category at AFAQ’S Digies Awards held in February 2025
- Data Visionary award for Project Kshitij
- JSW Steel has been awarded as 'Excellence in Cooperation and Support' by KIA Motors
- JSW Steel has been honoured with the Best localisation award in the Steel category by Hyundai Motors for second consecutive year
Milestones
- 1997: Commissioned 1.6 million tonne Hot Strip Mill for hot-rolled cast products
- 2000: Commissioned the Pellet Plant.
- 2004: Expanded capacity to 2.5 MTPA and pelletisation to 4.2 MTPA.
- 2004: Commissioned Blast Furnace.
- 2005: Merger of Jindal Iron and Steel Company (JISCO) and Jindal Vijayanagar Steel Limited (JVSL).
- 2006: Commissioned Blast Furnace II.
- 2009: Commissioned Blast Furnace III.
- 2011: Unveiled Blast Furnace IV, the nation's largest plant, with a staggering 10.0 MTPA production capacity at a single location.
- 2014: Commissioned Corex gas-based DRI Plant.
- 2022: Laid the foundation stone of 18 MTPA projects.
- 2023: Capacity enhancement to 12.5 MTPA.
- 2024: JSW Vijayanagar Metallics, a wholly owned subsidiary of JSW Steel commissioned Blast Furnace with a capacity of 4.5 MTPA at Vijayanagar in the State of Karnataka.
- 2025: JSW Steel and Jsquare Electrical Steel Nashik completed the acquisition of 100% equity interest in thyssenkrupp Electrical Steel India (tkES India) and the associated technology package.