Manufactured capital is part of the fabric of JSW Steel. It supports productivity, stimulates research and development, and guarantees investment for the future. Significant investments have been made in establishing efficient facilities at different locations across the country. Manufactured capital of the Company has the crucial role of an investor as well as a beneficiary of the Government of India's flagship 'Make in India' campaign.
Steel is the backbone of a developing economy like India and JSW Steel is a leading supplier to a variety of sectors: construction, infrastructure, automotive, industrial, engineering, energy and pipes and tubes. The Company can fulfil the requirements of the country with its dedicated investments under manufactured capital. Manufactured in the hotstrip mills of its Vijayanagar (Karnataka) and Dolvi (Maharashtra) plants, a wide range of hot-rolled products are offered by JSW Steel essential for the manufacture of several white goods, the Company’s cold-rolled steel products are made in Vijayanagar plant.
Electrical steel products are manufactured in the modern facility at Vijayanagar Works. This steel has use across multiple sectors such as electric motors, generators, nuclear power stations, power generation plants and equipment, domestic appliances, transformers and automotive electricals.
Highest Ever Crude Steel Production
|JSW SCPL||JSW SPCL||JSW ARCL||JSW
|DIRECT ENERGY CONSUMPTION (IN '000 GJ)||2,202.9||0.4||46,742.7||175.0||9,507.1|
|INDIRECT ENERGY CONSUMPTION (IN '000 GJ)||1,009.9||15.1||952.5||2,389.0||0|
|SPECIFIC ENERGY CONSUMPTION (IN GJ/TONNES)||8.39||0.03||9.13||1,676
Note: This unit of measure is needed since the product is gases
In line with the Company’s ‘Better Everyday’ vision, the multiple manufacturing facilities of JSW Steel undergo continuous efficiency improvement drives. The case in point pertains to the debottlenecking exercise at the Steel Melting Shop (SMS) of JSW Steel Dolvi Works during the fourth quarter of FY18.
The process improvements taken up and the resulting benefits at the site were in four particular areas as elucidated below.
Improved launder utilisation for hot metal pouring
Increase in oxygen blowing rate
Preventive maintenance during EBT change and shell change
Maximum hot metal usage
JSW Steel is constantly ranked among the top 3 lowest-cost steel producers in the world. It is known to undertake sizeable capacity expansions at lower cost, with conversion costs that are among the best in the industry. For the last 10 years, the Company has been rated among the top 10 companies by World Steel Association. Guided by the philosophy of becoming 'Better Everyday', this is an outcome of the relentless efforts to improve performance, including those to bring down conversion costs.
CAPACITY ADDITION COST
The agility of operations at JSW Steel has been the key source of strength and has helped it sail through numerous headwinds faced by the industry. It strives to be aware of the ground realities of the external environment and responds to them in a prompt and efficient manner. Owing to this proactiveness, the Company has been able to spot the power demand turnaround in the domestic market far ahead of its peers. Consequently, the Company embarked on a capacity expansion programme a few years ago and is now realising its potential.