Contents

2

1 Corrosion

2 The Wonder Metal

3 Indian Situation

4 Challenges

5 Opportunities

6 Jindal Stainless Limited

7 Outlook

3

4

Corrosion

5-6%

of GDP

India

USD 0.12 Trillion

World

USD 5 Trillion

USA

USD 1 Trillion

Economic Impact

BHOPAL GAS TRAGEDY; Bhopal , India December,1984

• 3,787 immediate Deaths

• 8,000 died within two weeks

• Over 500,000 people exposed

GUADALAJARA SEWER EXPLOSIONS; Mexico March, 2006

• 252 people killed

• 500 injured

• 15,000 left homeless

PRUDHOE BAY 2006 OIL SPILL; Prudhoe Bay, Alaska April ,1992

• 200,000 Gallons Oil Spill

5

Industrial Accidents

6

Corrosion Map of India

7

8

Stainless Steel

INDIAN SITUATION

9

10

Source: World Atlas & CRU

Region/

Country

SS/Capita

(in kgs)

India < 2

Brazil 2

United States 6

China 9

Germany 15

Italy 17

World 4

Global Stainless Steel Consumption Per Capita : Flat Products

11

Source: CRU & JPC

0

10

20

30

40

50

60

70

Construction Transport IndustrialEquipment

Catering andHhld Prod.

Other

18

12

25

35

11 6

9 13

63

9

World India

Stainless Steel Consumption Pattern (%)

12

India

CHALLENGES

13

14

India Others

1

Duty Structure

Imports: RM

FG

Exports: RM

2.5%

7.5%

0%

China Brazil Turkey

~0%

10% 14% 8%

10-40%

2

Cost

Interest Cost

Power Cost

Pollution

12-13%

30% higher power cost

Very stiff environmental norms

China: 4-5%

China: Low power cost

Large no. of small furnaces

producing FeCr & NPI

3 Trade

Agreements

Surge in imports from Japan &

Korea due to FTAs with the

ASEAN bloc

Huge trade imbalance with all

these countries

Challenges

15

India Others

4 Dumping

Excess capacity worldwide

(esp. China) being dumped into

India at low prices

Anti – Dumping action has

been taken up against China

in other countries like Brazil,

US, EU, Vietnam and

Malaysia

5 Circumvention -Rampant

-Tax evasion

6 Infrastructure

-Logistics

-Ports

-Roads

Challenges

OPPORTUNITIES

16

17

India: Poised for Strong Economic Growth

0.0%

1.0%

2.0%

3.0%

4.0%

5.0%

6.0%

7.0%

2012 2013 2014* 2015*

4.7% 4.5%

5.6%

6.4%

GDP Growth Rate

Make IN India…Made IN India.

Source: The Statistics Portal

Automobile Sector

18

Present:

17.5 mn vehicles

Projected: 48.7mn by 2019- 20

Production

2010-11:

USD 58.5 bn

Projected in 2016:

USD 145 bn

Turnover

World Avg:

25 kgs

India Avg:

6-8kgs

SS Usage/

vehicle

Source: JPC

Railways

• Projected Demand : 24-25k wagons/year

• 50% in SS at present

• 9.5% CAGR of growth in SS usage

Wagons

• Present: 650LHB coaches/year

• Growth: 900 LHB coaches/year by 2015

• 15% PA growth of SS

Coaches

• Metro cities = 10 Metro transit= 6

• State cities= 19 Metro Transit= 0

Metros

19 Source: JPC

20

Architecture ,Building & Construction R

ea

l E

sta

te

• Expected CAGR of 11 % till 2020

• 50 Million Sq. Feet addition yearly in Commercial Real Estate

• SS Usage: 250 tones per 1 million Sq. Feet

Ho

sp

itality

• Industry Growing at a CAGR of 14%

• Addition of 52,000 new hotel rooms by 2017

• SS Usage: 0.75% of project cost per Premium Room

Healt

h C

are

• Industry Growing at a CAGR of 17%

• World Avg: 3 beds / 1000 people

• India: 0.6 beds/ 1000 people

• SS Usage: 55% of Hospital Furniture cost; 35% of Surgical Instrument cost

Source: IBEF & JPC

21

Per Capita Consumption

India:684 kwh

China:3,298 kwh

USA:13,246 kwh

Projected Industry Growth:

10-12% PA

Expected Demand in 2030: 950GW

SS usage per MW

•Thermal Power: 0.78 MT

•Nuclear Power: 2.26 MT

Power

Source: IBEF & JPC

22

Process Industry

Production Growth of 12.5% CAGR of last 5 years

Projects worth USD 89.5 Billion under implementation

SS Usage to increase from 194K tonnes to 445K tonnes in 2020

Source: JPC

23

JINDAL STAINLESS

24

JSL – Manufacturing Facilities and Capacities

Power & Coke Oven

264 MW

at Odisha

0.43 MTPA Coke Oven at

Odisha

Mining Linkage

Chrome Mines-Sukinda

MOU for Chrome Ore

with State

Coal JV for 500MW

Ore Mines from centre &

state

Ferro Alloys

0.25 MTPA

at Odisha

40,000TPA

at Vizag

Melt Shop

0.8 MTPA

SS

at Hisar

1.0 MTPA

SS

at Odisha

Hot Rolling

0.80 MTPA

1.60 MTPA at Odisha

Cold Rolling

0.275MTPA CRSS,

35000TPA special steel

at Hisar

0.95MTPA HRAP,

0.45MTPA CRSS at Odisha

0.15MTPA CRSS at Indonesia

PT Jindal Stainless

(Indonesia)

Cold Rolling Unit

Acquired in 2004, largely

caters to domestic &

Asian markets

Jindal Stainless Steelways Ltd

Stainless Steel Service Centers

Customized stainless steel products for

various applications

Jindal Architecture Ltd

Fabrication & Designing

Fabricator for architectural building and construction

segment

Artt’dinox

Lifestyle Products

Manufacturer of lifestyle products and accessories

under brand name Artd’nox

Iberjindal

(Spain)

International SS Service centre

JV with leading Spanish white

goods manufacturer

Fagor, for European

market

25

Reaching the End User

Reaching Domestic Market

Manufacturing Facilities- 3

Sales Offices- 21

Service Centers- 4

26

With Global Presence

27

Manufacturing Facilities- 1

Sales Offices- 16

Service Centers- 1

27

France

United

Kingdom

Italy

Malaysia

Products

Products Width (mm) Thickness (mm)

Max Min Max

Slab 1650 160 250

Hot Rolled Coil 1650 2.0 10

Plates / Sheets 1650 3.0 100

HRAP Coil / 2E 1650 1.4 10

CRAP Coil 1600 0.3 5.0

Precision Strips 435 0.05 0.5

28

Finishes: N1, 2D, 2B, 2E, BA, N3, N4, Scotch Brite, Moon-rock, Embossed

Grades: 200 Series, 300 Series, 400 Series, Duplex & Super-Austenitic

Grades of Stainless Steel Offered

29

300 Series 301, 304/L/LN/H, 316/L/LN, 317/L/LN, 321,

347, 316 Ti, 309, 310/S

200 Series (Cr–Mn Series)

201, 201 LN, 204Cu, 216, J4, JSLAUS, JSL U DD, JSL U SD, JSL U KP, JT

400 Series 410 S , 420, 415, 440 A/B/C, 430, 409/L, 436

Duplex & Super-

austenitic 2205, 2304, 904L

Major Sectors & Applications Catered

30

ABC

• SS roofing sheets

• Decorative and color coated SS

• Street furniture

• Escalators, elevators

• Claddings

• Railings

• Airports

• Railway station up gradation

ART

• Bus bodies

• Auto chassis, trims, suspension parts, fuel tanks, catalytic convertors

• Railway Wagons

• Metro Coaches

Process & Engineering

• Nuclear power plants

• Boilers

• Desalination plants

• Water treatment & Supply facilities

• Petrochemical industries

• Sugar Industry

• Pharmaceutical Industry

• Fertilizer Industry

• Dairy

• Brewery

Consumer Durables

• Kitchen Applications

• Bathroom Accessories

• White Goods

• Lifestyle Products

• Interior Decoration

• Razor Blades

• Coin blanks

31

HISAR ODISHA

Total : 1.8 MTPA

MTPA :Million Tons Per Annum

Capacity : 0.8 MTPA Capacity : 1.0 MTPA

JSL – The Mills

31

JSL ‘s Service Centre Network

32

Ensuring Reach - Jindal Stainless Steelway limited

PATALGANGA 2007-2008

GURGAON MUMBAI

CHENNAI VADODARA

32

Capacity : 150,000 TPA

33

JSL Cold Rolling at Indonesia

33

Capacities

Combo Line 18,000 TPA Polishing Line 14,500 TPA

Global end reach – IberJindal S.L. Ltd.

34

34

Promoting Stainless Steel – JSL Architecture Limited

35

36

JSL Lifestyle Ltd.

36

36

SUCCESS STORIES

37

INTERNATIONAL THERMONUCLEAR EXPERIMENTAL

REACTOR

• Funded by 9 countries - 15 Billion Euros

• Headquarters : Cadarache, France

• Fabrication: Larsen and Toubro, Hazira

• World largest equipment

• 3800 tons stainless structure

38

Nuclear Power: ITER Project

• BARC: NRB Mumbai

• IGCAR : Kalpakkam

• JSL : Online UT

Nuclear Power: Projects in India

39

MAIN FABRICATORS IN PTA PROJECT

1) Godrej & Boyce Mfg. Co. Ltd.

2) Techno Process Equipments (India) Ltd.

3) G.R. Engineering Pvt. Ltd.

4) Consolidated Chem equip (Mfr.) Corporation.

5) Industrial Manufacturers

6) Raj Engineering

7) Triofab India Pvt. Ltd.

8) Gemini Engi –Fab Limited

9) Prabha Engineering

Process Industries: PTA /J-3 Projects

40

Infrastructure: Rail Cum Road Bogibeel Project

• River Brahmaputra in Assam

• 4.94km long- Longest in India

41

42

Power: AREVA – Solar Thermal Project - 240MW

Customer Name Grade

GMM Pfaudler 2205

Kirloskar Brothers Ltd 2205

Thyssenkrupp Industries, Pune 2205/2304

GEA BGR Energy, Chennai 2205

WPIL Ltd., Kolkata 2205

GEI Hammon 32750

Godrej & Boyce Ltd. 2205

Hindalco S32101

Industrial Manufacturer 2205

Duplex Orders – References

• RABIGH-II-IKEPC Utilities &Storage tank- Saudi Arabia.

• JV of Saudi Aramco and Japan’s Sumitomo Chemical,

• EPC Contractor – Petrofac

44

Petrochemical Industry: Tanks

OUTLOOK

45

• High economic growth & consumer spending

• Consumption of SS Growing more than world average Outlook

• New applications will drive the consumption

• High Growth in all the segments

• Large potential for SS Products / Downstream Industries

Growth Area

• Indian Infrastructure to facilitate business • China Factor • Capacity Utilization • Level Playing Field • FTA ‘s

Challenges

• Large role in SS Growth and market development Jindal

Stainless

46

Indian Stainless Steel Industry Outlook

Together We Shall Achieve…