Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Indian steelmaker JSW steel has started production of hot-rolled plates from its new 5mn mt hot strip mill at Dolvi, Maharashtra, said a company release on March 31. 

 

The company’s Dolvi unit has an integrated annual capacity of 5mn mt, which is being doubled to 10mn mt. The company’s actual production from the new hot strip mill is likely to come in from May.

 

JSW steel acquired the Dolvi unit from debt-laden Ispat industries in 2010. JSW steel is India’s top integrated steel manufacturers with 18 mn mt annual steel production capacity. The company aims to achieve 29mn mt capacity with the completion of Bhushan Power and Steel (BPSL) acquisition.

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