+91 11 2240 7555 info@icvl.co.mz

Rashtriya Ispat Nigam Limited

 

Visakhapatnam Steel Plant (VSP) is the first shore based integrated steel plant Public sector in the country located at Visakhapatnam in Andhra Pradesh. The plant was commissioned in August 1992 with a capacity to produce 3 million tonnes per annum (MTPA) of liquid steel. The plant has been built to match international standards with state-of-the-art technology, incorporating extensive energy saving and pollution control measures. VSP has an excellent layout capable of expanding up to 16 MTPA.

Presently expansion to 6.3 MTPA liquid steel is in progress. Within a short period of time since its commissioning, the plant achieved high levels of performance in production and technological norms. Right from the year of its integrated operation, VSP established its presence both in the domestic and international markets with its superior quality of products. It has been conferred with the honour of “Mini Ratna” by Department of Public Enterprises in the year 2006. VSP has been awarded all the three international standards certificates, namely, ISO 9001:2000, ISO 14001:1996 and OHSAS 18001:1999. The recent feather in the cap is the ‘Capability Maturity Model Integrated (CMMI) – Level 3’ certification from ‘Software Engineering Institute (SEI) of Carnegie Mellon University’, USA for implementation of IT systems in VSP. RINL-VSP is the first Indian steel plant to get this certification. The company has emerged as a good corporate citizen and has contributed substantially for the development of the region.

TECHNOLOGICAL FACILITIES

The process of steel making is through the Blast Furnace – Basic Oxygen Furnace (BF-BOF) route. VSP has the distinction of being the first integrated steel plant in the country to adopt 100% continuous casting in the Steel Melt Shop. VSP has a capacity to produce 3.4 Mt of hot metal, 3.0 Mt of liquid steel and 2.656 Mt of saleable steel. VSP has state-of-art technology facilities with many unique features as shown below: for the main production units through various modifications, upgradation and adoption of latest maintenance practices.

TECHNOLOGICAL FEATURES

  • Coke oven batteries with coke dry quenching
  • Biggest Blast Furnace in the India (3200 m3 useful volume)
  • Bell less top charging system in Blast Furnaces
  • 100% slag granulation at Blast Furnace
  • LD gas recovery system
  • 100% continuous casting of liquid steel
  • Tempcore’ and ‘Smeltor’ cooling process in LMMM & WRM respectively
  • Extensive waste heat recovery systems
  • Effective pollution control mechanisms

PRODUCTS

RINL-VSP produces various products in the Longs category. The principal products of VSP include rounds, structurals, bars, wire rods, blooms and billets of steel, pig iron and by-products like coal chemicals (ammonium sulphate, Benzol products etc) and slag. The iron and steel products, which account for 98% of total sales, are used in construction, wire drawing industry, forging industry, foundry and re-rolling industry, whereas, coal chemicals are used in the chemical industry, ammonium sulphate as a fertilizer and slag in the cement industry.

The company has a wide network of 23 branch offices with stockyards and five regional offices for marketing in India. All stockyards, branch offices and regional offices, are fully computerized with client server environment, and are connected with head quarters to facilitate data communication in real time.

EXPANSION PLAN

RINL has excellent layout and other infrastructure facilities at its Vizag unit to expand the capacity up to 16 million tonne per annum. Accordingly, RINL has drawn its long term directional plans to expand the capacity of liquid steel to 16 million tonne in phases by the year 2020 to maintain its dominant position in the Indian steel market. In the first phase RINL is focusing on expansion limiting to long products category which is required for infrastructure growth of the country and to diversify to flat products category in the subsequent phases.

To achieve the above endeavor, RINL has already frozen the first phase expansion plan and is in the process to raise liquid steel capacity to 6.3 million tonne per annum by the year 2011. With the completion of this phase of expansion RINL will be able to meet part of growing demand of construction steel like wire rod, bar, channel, angle, beam etc.

FINANCIALS

(All figures in US$ billion)

Year

2009-10

2010-11

2011-12

2012-13

2013-14

Revenues(Turnover)

1.77

1.92

2.41

2.26

2.03

EBITDA ( Gross Margin)

0.21

0.16

0.27

0.03

0.17

Net Income (Profit After Tax)

0.13

0.11

0.13

0.06

0.06

Net Worth

2.15

2.20

2.28

2.08

1.83


For any other details please visit www.vizagsteel.com