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Ispat Today
Ispat Industries Limited (IIL) is one of the leading integrated steel makers and
the largest private sector producer of hot rolled coils in India. Set up as
Nippon Denro Ispat Limited in 1985 by founding chairman Mr M L Mittal, IIL has
steadily grown into a Rs 7,000-crore company, assuming its position as flagship
of the reputed Ispat Group. A corporate powerhouse with operations in iron,
steel, mining, energy and infrastructure, the Group today figures among the top
20 business houses in the country.
Headquartered at Mumbai, IIL employs a total of 3000 people and is the leader in
the national speciality steel market. The company's core competency is the
production of high quality steel, for which it employs cutting edge technologies
and stringent quality standards. It produces world-class sponge iron, galvanised
sheets and cold rolled coils, in addition to hot rolled coils, through its two
state-of-the art integrated steel plants, located at Dolvi and Kalmeshwar in the
state of Maharashtra.
The sprawling 1,200 acres Dolvi complex houses the 3 million tonne per annum hot
rolled coils plant, that combines the latest technologies - the Conarc process
for steel making and the compact strip process (CSP) - introduced for the first
time in Asia.
The complex also has a 1.6 million tonne per annum sponge iron (DRI) plant,
which was commissioned in 1994 as the world's largest and most efficient
gas-based single mega module plant. Moreover, the Dolvi complex is home to a 2
million tonne blast furnace and also boasts a mechanised multi-functional jetty
situated nearby, that facilitates the automation of raw material handling. A new
2.24 million tonnes per annum sinter plant, a 1260 tonnes per day oxygen and a
new electric arc furnace have also been commissioned at IIL Dolvi.
Ispat is the only steel maker in India and among a few in the world to have
total flexibility in choice of steel making route, be it the conventional blast
furnace route or the electric arc furnace route. Its dual technology allows
Ispat the freedom to choose its raw material feed, be it pig iron, sponge iron,
iron ore, scrap or any combination of various feeds. It also has total
flexibility in choosing its energy source, be it electricity, coal or gas.
The Kalmeshwar complex houses Ispat's 0.4 million tonnes cold rolling complex,
which also includes the galvanised plain/ galvanised corrugated (GP/GC) lines
and India's first colour coating mill.
Technology and innovation have always been the cornerstones of IIL's quest for
excellence and these state-of-the-art plants facilitate the company's mission to
attain and sustain market leadership, through technological and product
superiority.
The company's strengths lie in its integrated process management, knowledge
management and control systems. And its seamless supply chain management systems
further the efficient use of raw materials, while its staff of highly skilled
engineers, technicians and managers with specialised domain knowledge, ensure
the choice of the relevant technology and the ability to produce international
quality products at a competitive price.
In line with its vision for the future, IIL is expanding its HRC capacity to 3.6
million. Moreover, it aims to complete its vertical integration process,
increase the proportion of high-grade and value-added steel products in its
product mix and leverage the advantage the modern design and the size of the
facilities offers.
With investments of over US $2 billion, IIL is the seventh largest Indian
private sector company in terms of fixed assets. It aims to consolidate its
market leadership in the national specialty steel market by capitalising on the
proximity of its manufacturing facilities to major consumers of flat steel
products in Maharashtra, while increasing its presence in international markets
by using its convenient port location.
In the short span of time since its inception, Ispat Industries has steadily
raised the bar - in terms of its relentless pursuit of technological
advancement, unwavering focus on innovation, strident emphasis on quality
products and its constant initiatives aimed at ensuring customer satisfaction.
As it rapidly forges ahead on all these fronts, IIL has successfully reinforced
its position as market leader, while simultaneously making technological
breakthroughs and setting even higher standards for itself.
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