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JSW to topple SAIL as the largest domestic steel maker

05 Jul 2011 Evaluate

JSW Steel is all set to become the country's largest steel maker, dislodging state-run SAIL, with the commissioning of 3.2 million tonne blast furnace at its Vijayanagar plant in Karnataka by mid-July. After the new capacity addition, JSW will be able to produce 14.3 million tonne per annum (MTPA) steel, 0.7 million tonne more than the Steel Authority of India (SAIL). The Vijayanagar plant will have a total production capacity of 10.2 million tonne, post commissioning of the fourth blast furnace.

Peers
Company Name CMP
JSW Steel 1255.00
Tata Steel 184.65
Steel Authority 181.60
Jindal Stainless 746.95
APL Apollo Tubes 2181.05
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