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…