Steel Companies
Steel

Steel Companies

<span style="font-weight: bold; font-size: 10pt;">CW profiles the top companies in this category...</span><span style="font-weight: bold;"><br /> <br /> <span style="font-size: 12pt;">Largest steel company</span><br /> <span style="font-size: 12pt;">JSW Steel </span></span><br /> JSW Steel is India's leading integrated manufacturer of carbon steel products, with an export presence in over 100 countries across five continents. The company has significantly expanded its steel-making capacity in India. <p></p> <p>From 1.6 mtpa in 2002, the company has an installed crude steel capacity of 18.0 mtpa in 2016, achieved through organic and inorganic growth strategies. Its current operations in India comprise 12.50 mtpa (around 70 per cent of the capacity) of flat products and 5.50 mtpa (around 30 per cent of the capacity) of long products. Despite lack of momentum in the global economy, uninspiring demand growth in India and liquidity crunch following the government's demonetisation initiative, JSW Steel has reported a strong performance. This is the outcome of its global and domestic strategies that validate the company's 'will to win'. In FY17, JSW Steel achieved a remarkable performance over its peers on all leading parameters such as conversion costs and yields, expanding capacity, location in high-growth markets and labour costs. As expected, the company stands ahead of all other steel-makers based in India. On the financial front, in FY17, JSW Steel has posted a top-line of Rs 56,913.3 crore as against Rs 36,706.9 crore posted in FY16. </p> <p> <span style="font-weight: bold; font-size: 12pt;">Fastest growing steel company<br /> Kalyani Steel </span><br /> Part of Kalyani Group, Kalyani Steels is a leading manufacturer of forging and engineering quality carbon and alloy steels using the blast furnace route. It caters to the engineering, automotive, seamless tube, foundry and casting industries along with the primary aluminium industry. It is a quality supplier of steel to engine components such as crankshaft, camshaft, connecting rods, axle beams, steering knuckles and bearings. In the energy sector, it caters to players who manufacture seamless tube applications for high-pressure boilers, oil lines, casing and tubing, pipes for oil exploration. The company is also a certified supplier to the Indian Defence and supplies steel for bombshells, and barrel applications for heavy vehicles. The Pune-based company has a steel mill at the strategic location of Hospet, Karnataka, with hot metal capacity of 290,000 tpa. The company also has a locational advantage as the southern region is a burgeoning automotive hub and Karnataka is rich in iron ore. Kalyani Steel also benefits from the adjacent Mangalore Port for imports of other raw materials. On the financial front, in FY17, the company posted a top-line of Rs 1,422.30 crore as compared to Rs 1,179.19 crore in FY16. PAT for FY17 stood at Rs 155.90 crore as against Rs 113.60 crore in FY16. </p>

<span style="font-weight: bold; font-size: 10pt;">CW profiles the top companies in this category...</span><span style="font-weight: bold;"><br /> <br /> <span style="font-size: 12pt;">Largest steel company</span><br /> <span style="font-size: 12pt;">JSW Steel </span></span><br /> JSW Steel is India's leading integrated manufacturer of carbon steel products, with an export presence in over 100 countries across five continents. The company has significantly expanded its steel-making capacity in India. <p></p> <p>From 1.6 mtpa in 2002, the company has an installed crude steel capacity of 18.0 mtpa in 2016, achieved through organic and inorganic growth strategies. Its current operations in India comprise 12.50 mtpa (around 70 per cent of the capacity) of flat products and 5.50 mtpa (around 30 per cent of the capacity) of long products. Despite lack of momentum in the global economy, uninspiring demand growth in India and liquidity crunch following the government's demonetisation initiative, JSW Steel has reported a strong performance. This is the outcome of its global and domestic strategies that validate the company's 'will to win'. In FY17, JSW Steel achieved a remarkable performance over its peers on all leading parameters such as conversion costs and yields, expanding capacity, location in high-growth markets and labour costs. As expected, the company stands ahead of all other steel-makers based in India. On the financial front, in FY17, JSW Steel has posted a top-line of Rs 56,913.3 crore as against Rs 36,706.9 crore posted in FY16. </p> <p> <span style="font-weight: bold; font-size: 12pt;">Fastest growing steel company<br /> Kalyani Steel </span><br /> Part of Kalyani Group, Kalyani Steels is a leading manufacturer of forging and engineering quality carbon and alloy steels using the blast furnace route. It caters to the engineering, automotive, seamless tube, foundry and casting industries along with the primary aluminium industry. It is a quality supplier of steel to engine components such as crankshaft, camshaft, connecting rods, axle beams, steering knuckles and bearings. In the energy sector, it caters to players who manufacture seamless tube applications for high-pressure boilers, oil lines, casing and tubing, pipes for oil exploration. The company is also a certified supplier to the Indian Defence and supplies steel for bombshells, and barrel applications for heavy vehicles. The Pune-based company has a steel mill at the strategic location of Hospet, Karnataka, with hot metal capacity of 290,000 tpa. The company also has a locational advantage as the southern region is a burgeoning automotive hub and Karnataka is rich in iron ore. Kalyani Steel also benefits from the adjacent Mangalore Port for imports of other raw materials. On the financial front, in FY17, the company posted a top-line of Rs 1,422.30 crore as compared to Rs 1,179.19 crore in FY16. PAT for FY17 stood at Rs 155.90 crore as against Rs 113.60 crore in FY16. </p>

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