JSW Steels will commission its cold-rolling mill (CRM) at its integrated steel plant at Torangal, set up at a cost of Rs.4,500 crore, on Friday. The state-of-the-art facility will produce auto grade steel. This facility has an installed capacity to produce 2.3 million tonnes per annum. “With India on road to becoming a global hub for automobiles, the demand for high-end steel by the auto sector is likely to see an exceptional growth. The CRM is the most sophisticated plant by configuration with capability to produce high strength and advanced high strength steel, both in uncoated and coated galvanized categories and wider width up to 1,870 mm,” Vinod Nowal, Deputy Managing Director, JSW Steel, told presspersons at the plant site on Wednesday.
The sophisticated auto grade steel produced here with technical assistance from JFE company of Japan will be an import substitute. The CRM complex will also have pickling line of 2.3 million tonnes per annuam (mtpa), annealing facility of 1.9 mtpa and galvanising facility of 0.4 mtpa. Phase-II of the plant is targeted to be on stream in the first half of 2016.
