Steel Authority Of India History

Hi I am a new employee in the Steel Authority Of India and I want to know amore about the company so can you tell me some details about its history???

[sumit]

Steel Authority of India Limited is one of the largest state-owned steel making company based in New Delhi, India and one of the top steel makers in world.

History

Hindustan Steel Private Limited was set up on January 19, 1954.

The steel sector was main cause in the economic growth.

Then in independence the real state of India worked with a vision - to lay the infrastructure for rapid industrialisaton of the country.

Hindustan Steel (HSL) was first sdesigned to manage only one plant that was coming up at Rourkela.

For Bhilai and Durgapur Steel Plants, the preliminary work was done by the Iron and Steel Ministry.

From April 1957, the supervision and control of these two steel plants were also transferred to Hindustan Steel.

The registered office was originally in New Delhi. It moved to Calcutta in July 1956, and ultimately to Ranchi in December 1959.

The last unit of the 1.8 MT phase of Rourkela - the Tandem Mill - was commissioned in February 1968,

The 1.6 MT stage of Durgapur Steel Plant was completed in August 1969

The company, incorporated on January 24, 1973 with an authorized capital of Rs. 2000 crore

And now in the 21s century it has annual turnover of 43,337 crore

Steel Authority of India Limited Plants

Durgapur Steel Plant (DSP) at Durgapur, West Bengal set up with British collaboration
(1965)

Bokaro Steel Plant (BSL) in Jharkhand (1965) set up with Soviet collaboration (

IISCO Steel Plant (ISP) at Burnpur in Asansol, West Bengal

Rourkela Steel Plant (RSP) in Odisha set up with German collaboration (The first
integrated steel plant in the Public Sector in India, 1959)

Bhilai Steel Plant (BSP) in Chhattisgarh set up with Soviet collaboration (1959)

Special Steel Plants

Alloy Steels Plants (ASP), Durgapur, West Bengal

Salem Steel Plant (SSP), Tamil Nadu

Visvesvaraya Iron and Steel Limited (VISL), at Bhadravathi, Karnataka

Ferro Alloy Plant

Chandrapur Ferro Alloy Plant (CFP) in Maharashtra