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

Demand for steel plates is expected to go up following as two new LPG bottling plant have been inaugurated by the government in Banka and East Champaran in Bihar on September 13. Steel Authority of India Limited (Sail), Jindal Steel and Power Limited (JSPL) and ArcelorMittal Nippon Steel (AMNS India) are the major companies that produce steel plates in India (details in table below). 


Another key petroleum projects, the Durgapur-Banka section of the Paradip-Haldia-Durgapur Pipeline augmentation Project in Bihar was also inaugurated.


In FY 2019-20, Sail supplied 5,300mt (above 20mm thickness) and 5,100mt (10-20mm thickness) of special boiler quality plates from Bhilai to domestic oil majors IOCL and BPCL, respectively, latest update on Sail website.


Indian primary mills’ existing plate capacity: 

Company ParticularsExisting Capacity (per annum) Location 
SAILPlate mill0.95mn mtBhilai (Chhattisgarh)
Old plate mill 299,000mtRourkela (Odisha)
New plate mill1mn mtRourkela (Odisha)
JSPLPlate mill1mn mtRaigarh (Chhattisgarh)
Plate mill1.2mn mtAngul (Odisha)
AM/NS IndiaPlate mill1.5mn mt  Hazira (Gujarat)

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