JSW Steel launched its Cold Roll Mill 2 (CRM-2) facility at Vijayanagar Works, Karnataka.
The new CRM-2 complex, with a production capacity of 2.3Mt per annum (MTPA), is the most sophisticated plant by configuration with capability to produce high strength and advanced high strength steel, both in uncoated and coated (galvanised and galvannealed GI and GA) categories and wider width up to 1870mm. The CRM-2 facility includes a Continuous Annealing Line, which is the first to start operations in India.
JFE Steel, which has a 15% stake in JSW Steel, has been providing technical assistance to develop various grades of auto steel, including steel for external panels for automobiles, to meet the high demand from both domestic and international arena. JSW Steel has commissioned the phase-1 of CRM-2 consisting of 2.3MTPA Pickling Line Coupled with Tandem Cold Mill (PLTCM), 0.95MTPA Continuous Annealing Line (CAL-1) and 0.4MTPA Continuous Galvanising Line (CGL).
The phase-2 of the CRM-2 plant consisting of 0.95 MTPA CAL-2 is targeted to be commissioned during first half of FY16. The new plant will be the cornerstone of JSW Steel’s growth story enhancing the share of value added products in the product basket of the company.
