Introduction
JSW Steel Limited is a leading integrated steel manufacturing company in India and a flagship business of the diversified US$24 billion JSW Group. Headquartered in Mumbai, Maharashtra, JSW Steel has established itself as a significant player in the global steel industry, with operations spanning across India and the USA.
Founding and Growth
Founded in 1982 by Sajjan Jindal, JSW Steel began as Jindal Iron and Steel Company. Over the years, through strategic mergers and acquisitions, including the amalgamation of Bhushan Power & Steel and Ispat Steel, JSW Steel has expanded its capacity and market presence. Today, it stands as India's second-largest private sector steel company.
Key Offerings
Steel Products: Hot Rolled, Cold Rolled, Galvanized, Galvalume®, TMT Rebars, Wire Rods, and Special Steel.
JSW Neosteel: High-quality TMT bars known for their strength and durability.
Color Coated Products: Used in roofing, cladding, and other architectural applications.
Technological Innovations
JSW Steel has consistently led in research and innovation. The company maintains a strategic collaboration with JFE Steel Corp of Japan to manufacture high-strength and advanced high-strength steel for the automobile sector. Additionally, JSW Steel has entered into a joint venture with Marubeni-Itochu Steel Inc., Tokyo, to set up state-of-the-art steel processing centers.
Strategic Partnerships and Recognition
JSW Steel's commitment to excellence has been recognized globally. The company has received numerous accolades, including the World Steel Association’s Steel Sustainability Champion (2019 to 2022), Leadership Rating (A-) in CDP (2020 & 2021), and inclusion in the S&P Dow Jones Sustainability Index for Emerging Markets (2021).
Future Outlook
Looking ahead, JSW Steel aims to expand its total capacity to 38.5 MTPA by FY25. The company is also investing in green technologies and sustainable practices to reduce its carbon footprint and align with global environmental standards.
