Journey of JSW Steel Limited

Originally incorporated as Jindal Vijayanagar Steel Ltd on March 15, 1994, JSW Steel Limited is a flagship company of the JSW Group. It is a steel manufacturing company in India that supplies to build key infrastructure projects, including rail, metro, water pipelines, gas and oil pipelines, airports, etc. Along with these infrastructure projects, the products of the company are also used in machinery, automotive and general engineering. As of March 2023, JSW Steel has a domestic crude steel capacity of 27.7 MTPA. The company has steel manufacturing units in various regions of the world, including Italy, USA, etc. Their manufacturing plant in Karnataka is the largest single-location steel-producing facility in India, with a capacity of 12 MTPA. They have a presence in more than 100 countries and 13 captive iron ore mines. The brands of the company are JSW Pragati, JSW Vishwas+, JSW Silveron+, JSW Everglow, JSW Vishwas, JSW Platina, JSW Galvos, JSW Galveco, JSW Avantee, JSW Neosteel, JSW Radiance and many more. In 1995, JSW Steel Limited released its IPO, which was followed by its listing on the exchanges.

Business Segments of JSW Steel Limited

The company offers a wide range of steel products that are used worldwide. These products come under 2 types of steel:

• Flats:Under this type, the steel products are hot rolled, cold rolled, colour-coated, galvanised, galvalume, and avanta steel doors.
• Longs: Under longs, they provide TMT bars, special alloy steel and wire rods.

There are a few subsidiary companies under JSW Steel Limited, including:

• JSW Steel (USA) Inc:JSW Steel holds a 90% stake in this organization, which is into steel manufacturing.
• Amba River Coke Limited:This organization is a wholly-owned subsidiary of JSW Steel that produces and supplies coke and pellets primarily to JSW Dolvi.
• JSW Steel Coated Products Limited:This wholly-owned subsidiary manufactures value-added flat steel products.

Key Personalities of JSW Steel Limited

Sajjan Jindal, Chairman & Managing Director, Non-Independent Executive Director Sajjan Jindal is the Chairman and MD of JSW Steel. Under his leadership, JSW Group expanded into various other sectors like steel, cement, power, etc.  He is the Chairman of the Sustainability Committee of the World Steel Association and a council member of the Indian Institute of Metals.

Corporate Actions of JSW Steel Limited

There are no records of bonus shares or stock splits by JSW Steel.

SWOT Analysis of JSW Steel Limited

Strengths

• The organization is a flagship organization of JSW Group.
• The company delivers their steel products to important infrastructure projects in the country like rail, metro, pipelines, etc.

Weakness

• The organization's products are not diversified compared to its peers.

Opportunities 

• The demand for steel in the government infrastructure projects and automotive sector is increasing. This will positively impact the organization as it is one of the leading steel providers.

Threats

• The company also delivers its services to other regions, so exchange rate volatility can impact the company.
• The steel sector is highly regulated, and government policies on mining can keep changing.