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Stainless Post (May'19)industry on tenterhooks. The industry may take up a cautious approach towards...
Transcript of Stainless Post (May'19)industry on tenterhooks. The industry may take up a cautious approach towards...
STAINLESSJINDAL STAINLESS - MAY 2019
POST
OUR PARTNER, OUR PRIDE
OUR PARTNER, OUR PRIDE
Page No. 06
Managing Director, Maruichi KUMA Steel Tubes Pvt. Ltd.,
Mr Mukul Varma
STAINLESS STEEL BUS SHELTERS BRAVE THE DEVASTATING CYCLONE FANI
Page No. 09
JINDAL STAINLESS AND IIT-KGP
INSTITUTIONALIZE COURSE ON STAINLESS
STEEL AND FERRO ALLOYS
Page No. 09
LIGHT-WEIGHT STAINLESS STEEL PALKIS TO CARRY VAISHNO DEVI PILGRIMS
Page No. 02
01 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
material prices, coupled with
protectionist measures across
nations, continue to keep the
industr y on tenterhooks. The
industry may take up a cautious
approach towards international
trade in the coming quarters.
Despite this, just like stainless steel's
upright strength and shine, Jindal
S t a i n l e s s i s c o n fi d e n t i n i t s
approach and shares a joyous
moment as it crosses the 1 lakh mark
o n i t s F a c e b o o k h a n d l e
(www.facebook.com/JindalStainles
sOfficial). Do remember to follow us,
and leave your suggestions in the
comment field.
Happy reading!
n its May 2019 report, ISSF has
Irevealed that with an estimated
CAGR of 5.4% between 1980
and 2018, stainless steel has
emerged as the fastest growing
metal in the world. This is testimony
to the wide potential of stainless
steel applications across the length
and breadth of the globe. Only a few
things stood ground in the wake of
cyclone Fani, and stainless steel was
one of them. The stainless steel bus
q u e u e s h e l t e r s i n s t a l l e d i n
Bhubaneswar earlier this year
braved the devastating effects of
the cyclone, reminding us once
again of the dire need of choosing
the r ight material for publ ic
infrastructure.
Jindal Stainless continued its efforts
to enthuse the education sector by
collaborating with the prestigious
Indian Institute of Technology,
Kharagpur to institutionalize a
course on stainless steel and
advanced ferrous al loys . This
development comes af ter an
encouraging response from the
stainless steel course initiated by the
company at Indian Institute of
Technology, Roorkee earlier this year.
In what can be termed as a stainless
leap of faith, Indian Institute of
Technology, Bombay designed
light-weight and long-lasting
stainless steel palkis for Vaishno
Devi pilgrims. The South-West
Railways also tapped stainless steel
for its upcoming MEMU train project
for Bengaluru. In the interview
section, this edition chronicles the
inspiring journey of Managing
Director, Maruichi KUMA Steel
Tubes Pvt. Ltd., Mr Mukul Varma
who outshone himself at every step
of his life, only to steer a steely
c o m m i t m e n t t o w a r d s t h e
automobile steel tube segment.
In an unprecedented development,
Indonesia is likely to emerge as one
of the biggest stainless steel pro-
ducers within the Asian region;
almost 4% of the world's production
(as per WSO). However, volatile raw
IIT-B's stainless steel palkis to carry pilgrims to Vaishno Devi temple
Global News Brief
02 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
Light-weight, aesthetic, and ergonomic stainless steel palkis
(open palanquins) conceptualised by the Industrial Design
Centre (IDC) of the Indian Institute of Technology, Bombay (IIT-
B), will now be used for carrying pilgrims to the Vaishno Devi temple in
Jammu and Kashmir. The existing palkis, made by welding galvanised
iron pipes, weigh around 45 kg and are easily damaged. Stainless steel
palkis, on the other hand, are durable due to high corrosion resistance
and a high strength-to-weight ratio of the metal. They weigh around 34
kg and offer better support and balance. This is expected to counter the
extreme musculoskeletal discomfort endured by porters, providing
more comfort to the carrier and the passenger.(Source: The Hindu)
Bengaluru to soon get a feature-packed stainless steel MEMU train
The South Western Railways (SWR) is preparing to induct its first three-
phase MEMU (mainline electric multiple unit) train in Bengaluru. The
three-phase MEMU train is one of the latest from the Integral Coach
Factory (ICF), Chennai. It consists of eight stainless steel coaches with a total
carrying capacity of about 2,400 passengers. Owing to the light-weight of stainless
steel, the maximum speed of this new MEMU rake is nearly 110 kmph. The train is
equipped with stainless steel flip-free flooring, bench-type cushioned seats,
automated double-leaf sliding doors, and LED lighting. It also has a CCTV
surveillance system, GPS-based passenger information system, and two toilets in
each coach.
(Source: The Economic Times)
tainless steel coil is currently trading at around $2,000 per
Ston in Hong Kong, up about 5% from the bottom hit in
January. The benchmark price of the base material had
plunged 20% from last summer to the beginning of this year,
reflecting concerns about the trade war. The bounce is attributable
to higher prices of chromium and nickel. China's economic
slowdown, exacerbated by the trade dispute with the US, has
dampened brisk demand for stainless steel in a market that had
previously been able to absorb the supply. Some of the excess in
China reportedly has been exported to Southeast Asia, South Korea,
and Japan. Meanwhile, Chinese authorities made a tentative
decision in late March to impose anti-dumping duties on hot-rolled
stainless steel from other countries including Japan.
(Source: Nikkei Asian Review)
Muted Chinese stainless steel production, trade dispute results in nickel price dip
itch Solutions Macro Research has revised its nickel Fprice forecast for this year down to $13,250/t,
compared with its previous forecast of $14,500/t, as
prices have headed lower in recent weeks. The nickel price has
dropped by 9% to $12,010/t in mid-May, compared with
$13,100 in mid-April. The consultancy says the lower nickel
price is the result of rising global economic risks, an escalation
in the US–China trade dispute, and “disappointing” year-to-
date demand for refined nickel from China's steel production
industry. Fitch expects prices to witness some upside over the
second half of the year as the Chinese government continues
to provide economic support for its domestic industries,
although the company continues to flag downside risks from
weakness in global economic growth and a potential
worsening of the ongoing US-China trade dispute. Fitch
predicts that nickel prices will remain on a gradual uptrend
between 2019 and 2023, as the global market remains in a
deficit or in balance over the coming years.(Source: Mining Weekly)
China trade conflict reverberates inAsian stainless steel market
How is the stainless steel industry performing
presently in terms of demand and supply?
Before delving into the demand-supply analysis of
stainless steel in India, it is necessary to understand a
fundamental distinction between stainless steel and
other metals; stainless steel is a highly specialized
product as compared to other alternatives. It is
therefore, more value-driven than volume-driven.
With its unique and extensive gamut of properties,
stainless steel is revolutionizing several industries in
India. Along with an inherent corrosion resistance,
stainless steel has high strength-to-weight ratio, and
high resistance to temperature and impact. As an inert
metal, stainless steel requires minimal maintenance. It
is long-lasting, hygienic, and low on life-cycle cost. This is
over and above its superior mechanical properties and
unmistakable aesthetics.
Demand
Having said that, I am glad to share that India continues
to be the second largest producer and consumer of
stainless steel in the world after China. The CAGR of
stainless steel demand in India has amounted to nearly
7% in the last five years. It is further expected to be
around 8-9% over the next decade, as per a CRISIL
research.
CY18 was a landmark year for the Indian stainless steel
industry, as the country registered a robust growth of
9% (YoY); overall demand stood at ~3.5 MT (as per the
Indian Stainless Steel Development Association (ISSDA),
the apex stainless steel industry association in India).
The major sources of stainless steel demand in India are
as follows:
· Kitchen goods and white goods have been the primary
drivers of stainless steel consumption in India,
amounting to nearly 40% of its demand.
· Approx 20% of the total demand of stainless steel in
India comes from Architecture, Building, and
Construction (ABC) segment.
· Automobiles, Railway and Transport (ART) segment
constitutes about 12% of this demand.
· Demand from the process industry has been consistent
at nearly 14%.
Apart from this, Indian Railways has a fair share in the
national stainless steel demand. It is majorly steered by
rai lway wagons and coaches, along with rai l
infrastructure l ike foot-over-br idges , stat ion
modernization, and dedicated freight corridors.
Recently, the Railways have targeted to produce all new
coaches and wagons in stainless steel. Over the next 5-6
years, this production is expected to increase multifold.
Additionally, metro projects in India continue to use
stainless steel extensively in various applications.
Supply
Currently, the estimated installed melt capacity of
stainless steel in the country is about 6.43 MT, as per a
Joint Plant Committee report. India's total stainless steel
production stood at 3.5 MT in 2017 and ~3.7 MT in 2018, as
per ISSDA. With investments worth Rs 35,000 crore for
capacity expansion and modernization, the Indian
domestic industry is equipped to meet the overall
growing demand for stainless steel. It is capable of
producing all major series of stainless steel including
200, 300 and 400 series of stainless steel, as well as
duplex and specialized stainless steel products which
are used in a wide range of applications.
Scope
Presently, the per capita consumption of stainless steel
in India is ~2 kg, which is way lower than that of China at
~14.1 kg and the world average of ~6 Kg. It is noteworthy
that the per capita consumption of stainless steel has a
direct co-relation with the GDP of a developing
economy. So it can be inferred that the current scope of
stainless steel consumption in India promises a huge
growth potential. Moreover, with its inherent unique
properties of corrosion resistance and high aesthetic
value, stainless steel is the ideal metal for architectural
Rising Stainless Steel Imports a Concern: Abhyuday Jindal
Managing Director, Jindal Stainless, Mr Abhyuday Jindal
03 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
and construction applications, both of which augment
GDP growth.
How much is the Free Trade Agreement (FTA) hurting
the domestic stainless steel industry in view of
Chinese threat?
Being the second largest consumer of stainless steel,
imports remain a threat to the Indian domestic industry.
Imports from FTA nations such as Japan, Korea, and
ASEAN countries have been on the surge, causing a
huge trade deficit. Under the current provisions of FTA,
all stainless steel flat products can be imported at zero
duty from any of the ASEAN countries, provided they
satisfy the 35% value addition rule. It has been noticed
that preferential tariffs were availed without authentic
certifications or mis-declarations of value addition
norms by ASEAN countries, which resulted in
unwarranted imports in India. On the contrary, India's
access to countries like Thailand and Vietnam is
restricted due to the non-tariff barriers erected in these
countries.
Imposition of trade remedial measures like Anti-
dumping duty (ADD) and countervailing duty (CVD) on
stainless steel flat products have led to trade diversion.
As a result, absolute import of stainless steel flat
products has surged from ASEAN countries like
Indonesia, Malaysia, and Vietnam etc. Simultaneously, it
has also led to increased imports of downstream
products like stainless steel pipes and tubes, especially
from China and Vietnam. Consequently, the domestic
pipe and tube manufacturers are turning into mere
traders, undermining the SMEs and domestic
manufacturing significantly. If this transition continues,
millions of jobs will be lost. After the imposition of the
CVD on imports of stainless steel flat products from
China, Chinese imports are being re-routed through
ASEAN countries in order to circumvent the CVD. The
rally is led by Indonesia. The imports from Indonesia are
increasing on account of two major factors:
a. Increase in capacities in Indonesia: These are Chinese
investments in Indonesia made to take advantage of the
raw material availability
b. Re-routing of Chinese origin material through
various countries in ASEAN region
Consequently, the stainless steel imports from
Indonesia have suddenly grown by nearly 828% over a
period of just one year, while imports from China have
dramatically fallen by nearly 36% during the same
period. This clearly establishes re-routing of goods to
India through ASEAN countries.
Apart from this, imports from Japan and Korea continue
to increase, given the preferential duty as per the
operational FTAs of India with these countries. Further,
the stainless steel industry in India has not seen any
investment from Japan after the signing of the FTA,
while investment from Korea is restricted to only three
service centres. Hence, both in terms of trade as well as
investment, the FTAs have had a negative impact on the
entire value chain.
Another imminent threat to the domestic stainless steel
industry is the inclusion of stainless steel products in
RCEP (Regional Comprehensive Economic Partnership),
which will result in a huge surge in imports from China.
This will make operations for domestic producers non-
viable, thereby resulting in long-term losses. This may
also lead to immediate shutdown of small scale units,
which will simultaneously cascade into the organised
sector. Significant investments made by domestic
industry in capacity building would stand in jeopardy.
As you are aware, infrastructure has been given a big
boost by the government. How do you see the future of
stainless steel Industries in India?
Key government infrastructure projects like Smart City
Mission, Sagarmala Project, Bharatmala project and
Railway station redevelopment plan will create huge
demand for stainless steel. Water transportation, oil &
gas, and real estate sectors will also boost the demand.
The potential for usage of stainless steel in these and
future projects is immense.
With major demand springing from segments like ABC
(sinks, elevators, hand rails, gates, roofing and facade
cladding, street furniture, builders' hardware), ART
(railway infrastructure including bridges and foot-over-
bridges, bus bodies, BS VI compliant exhaust systems,
Mass Rapid Transit System (MRTS)), process industry,
etc., architectural and engineering firms are increasingly
exploring possibilities for stainless steel as a structural
material. The concept of lifecycle costing has recently
started to gain importance in government projects.
Transit buildings such as airports and metro rapid mass
transport systems have been extensively using stainless
steel in various areas such as bollards, column claddings,
ticketing counters, escalators, lifts, handrails, canopies
etc. The magnitude of this expansion can be gauged
from the fact that a typical moderately-sized metro rail
station uses 30-40 tonnes of stainless steel. As per
government records, around 50 new airports are
planned to come up in the next 10 years. Hence, stainless
steel is expected to play a major role in building
sustainable civic infrastructure.
In today's age, where a premium is placed on better
04 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
p e r fo r m a n ce , l o n g s e r v i ce l i fe , a n d m i n i m a l
maintenance of buildings and infrastructure, stainless
steel certainly has an edge. Stainless steel exhibits better
performance, fire resistance, quake resistance, cost
effectiveness as an architectural design material, and
aesthetic appeal for sustainable design where long-
term performance is expected. In addition to this,
stainless steel is a ready solution to tackle potential
health hazards with its anti-microbial properties and a
nearly 100% recyclable nature.
Can you give more details on your subsidiary company,
JSL Lifestyle and what volume of business you are
looking at in the next three years from the Railways?
JSL Lifestyle Limited is a subsidiary of Jindal Stainless
promoting stainless steel in a variety of state-of-the-art
lifestyle solutions. The company, through its brands –
Arttd'inox and Arc, emphasizes on the versatility of
stainless steel in industrial solutions, home décor,
kitchenware, and industry segment. Through Arc, JSL
Lifestyle Limited has created a strong presence in the
ABC and ART sectors, including retail customers.
We expect stainless steel demand in the Railways to
grow by ~8-9% annually for the next 5 years.
What are the future expansion plans chalked out by JSL?
The first level of expansion in our Jajpur plant, which is
from 0.8 MT to 1.1 MT annual capacity, will actually be
done with an investment of Rs 40-50 crore only, and is
expected to be completed within a couple of months.
Besides, owing to the presence of Jindal Stainless
Limited at Jajpur, the neighbouring area offers immense
scope for setting up a downstream stainless steel park.
The presence of an industry leader fosters development
of ancillary industries. For instance, in Hisar, several
ancillary industries have come up around our plant area.
These SMEs (small and medium enterprises) have an
annual capacity of 1.75 lakh tonnes, which translates into
an annual turnover of approximately Rs 3,000 crore in
value terms. These units in Hisar emerged without any
government support. In Jajpur, with the facilitation from
the government, we expect a far more organized and
successful growth story. Proposed to be developed in an
area of 300 acres, the park promises immense potential
for a variety of downstream industries (pipes and tubes,
re-rollers, rice mills, general fabrication etc.). The park
will accommodate more than 90 downstream units as
well as one or more anchor investors for need-based re-
rolling and service centre facilities. Jindal Stainless
Limited, Jajpur will develop the land and provide
infrastructure, such as roads, water, drainage, power,
etc., along with the social infrastructure. By 2020, we
expect all service utilities for the park to be ready. Our
focus will be on two major industry segments: Thrust
Industries (engineering and electrochemical industries)
and Base Industries (ABC, ART, Kitchenware, Processing
and Power industries).
What incentives do you expect from the government
to make the domestic Stainless Steel industry
compete in the international market?
The stainless steel industry uses both stainless steel
scrap and mild steel scrap as raw materials in large
quantities. Stainless steel scrap, in particular, is
procured mainly from countries in Europe and South
East Asia, and Korea. The increased usage of stainless
steel scrap as a substitute for pure Nickel and Ferro-
Nickel has helped to considerably lower the raw
material cost for domestic producers. However, the
existing 2.5% import duty on key raw materials, like
Ferro-Nickel and stainless steel scrap, which account for
50% of the total raw material cost, has made Indian
products non-competitive.
Besides, there is a need to increase Basic Customs Duty
(BCD) on stainless steel flat products from 7.5% to 12.5%,
at par with other steel products, in order to curb glut of
imports in the country. This will also provide a level-
playing field to the domestic players.
Additionally, infrastructural constraints at ports; lack of
smooth logistics for raw materials; high power tariffs;
high borrowing costs including volatile rupee,
ultimately increase the overall production cost in India
compared to other major stainless steel producing
countries in the world. These issues also need to be
actively addressed for creating a healthy manufacturing
environment in the country.
Apart from this, we urge the government to actively
review the existing FTAs with partner countries, and to
put stainless steel in the 'Sensitive List' while offering
Tariff Concessions under the FTAs. We have requested
the government to review the import duty on raw
materials and review Japanese and Korean FTAs, along
with FTAs with ASEAN countries. Additionally, the
proposed RCEP scheme endangers the domestic
stainless steel industry as imports from China will
become duty-free. A comprehensive assessment by the
government is critical before signing any FTA to ensure a
level-playing field for the domestic manufacturing
sector.
05 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
This article was published in the May
edition of Steel World magazine. The
article has been reproduced for
Stainless Post.
1. Take us back to the beginning of your journey.
I was born in Bhilai, Chattisgarh. My father was a civil
engineer who retired as the Chief Surveyor of Mines at
SAIL's Bhilai Steel Plant after a service of nearly 40
years. Having looked up to him throughout my life, I
developed a passion for steel. As the youngest among
6 go-getter siblings who turned out be fine
professionals, I was driven by a need to excel. However,
I was motivated to work in the private sector. After
completing my graduation in 1980 from Jabalpur
Engineering College, formerly known as Government
Engineering College, Jabalpur, I got my campus
placement at Steel Tubes of India Ltd. in the year 1980.
After that I worked with Nagarjuna, Hyderabad, Atlas
Cycles, Gurgaon and others till 2003. This drew up a 25-
year experience of managing the production shop
floor, to finally heading the mechanical, electrical, and
production departments of steel manufacturing. It
was in 2003 that my stint in KUMA Steel Tubes Pvt. Ltd.
began, where I went on to become the unit head.
2. What, according to you, are some of your
noteworthy milestones?
You would be glad to know that even after becoming
the head of KUMA, I was motivated to study. This led
me to pursue my MBA from MDI Gurgaon at the age of
48. Apart from this, one major milestone was when I
was heading Atlas' manufacturing unit at the age of 28.
I even worked with an African multinational group in
Kenya. Then, KUMA came my way, which is where I
applied all my learning. Later, in 2009, the Japanese
multinational Maruichi was associated with KUMA
and that's how Maruichi KUMA came into being. In
2005-06, KUMA's turnover was around Rs 10 crore
which scaled up to nearly Rs 400 crore in 2019.
With this edition, we bring to you the
story of a man who wrote his destiny as a
teenager and went on to achieve his
dreams. Born with a desire to excel and a
never dying grit, this man is the force
behind a pioneering name in the field of
stainless steel auto tube manufacturing
in India. An avid learner who keeps his
father's teachings close to his heart,
Managing Director, Maruichi KUMA Steel
Tubes Pvt. Ltd., Mr Mukul Varma shares
glimpses of his life with Stainless Post.
06 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
MD, Maruichi KUMA Steel Tubes Pvt. Ltd., Mr Mukul Varma
3. What is the work culture at
your company like? Tell us about
Maruichi KUMA's future plans.
We are a lean private board-run
c o m p a n y t h a t p r o m o t e s a
transparent and stress-free
culture. A testimony to this is the
fact that in the last 10 years, we've
had a zero attr it ion rate in
manpower. There have been only
additions of efficient and hand-
picked employees to our team. We
have a manufacturing unit in
Manesar, Haryana and a unit in
Bangalore, and warehousing and
logistic centers in Pune and
Chennai. We are planning to
install another unit in Gujarat by
next year.
Maruichi has a global presence
spread across several countries
like US, Mexico, Indonesia, China,
India, Vietnam, etc. Given the wide
customer base, we are now
focusing on exports to South
A f r i c a , P h i l i p p i n e s , C z e c h
Republic, etc. We already are
exporting to Toyota South Africa
for the last four years and wish to
expand our reach.
4. When did you come across
Jindal Stainless? In your entire
gamut of suppliers, what sets
Jindal Stainless apart?
It was around 7-8 years back when
I first came across Jindal Stainless.
B e f o r e t h a t , t h e c o m p a n y
specialized in 300 series stainless
steel grades. However, as a tube
manufacturer for automobiles, we
required 400 series stainless steel
grades. Until then, most of our raw
material was imported from
Japan and Korea. Soon, Jindal
Stainless started production of
400 series grades and wooed us
w i t h t h e i r i n d i g e n o u s l y
m a n u f a c t u r e d w o r l d - c l a s s
stainless steel. As of today, around
50-60% of our stainless steel
requirement is fulfilled by Jindal
Stainless, with orders amounting
to 1000+ tonnes each month.
07 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
The best part about dealing with
Jindal Stainless is their focused
approach towards understanding
the needs of customers. The
company has been continuously
improving. In case there are any
problems, we always find a
winning solution.
5. What will be your message to
the future generation?
My father always said that easy
things are always doable. A lot of
people are busy doing them. He
always told me to attempt what's
difficult, and find a solution.
Imagine yourself sitting at the top
of a mountain with nobody to
help. That's when one learns the
importance of self-reliance.
Acquire what you lack, learn, and
excel.
Another advice would be to never
be dull. Find that spark in you. For
me, that's travelling to new places
and experiencing new food and
cultures.
(Left to Right) Mr Payoj Jindal, Mr Abhyuday Jindal, and Mr Mukul Varma
Tube Mill at Maruichi KUMA Steel Tubes Pvt. Ltd.
Maruichi KUMA Steel Tubes Pvt. Ltd., Gurgaon
08 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
Setting trend for a sustainable metal industry
indal Stainless participated in the 'Tube & Metal Expo' in Hyderabad organized by Messe India, India's
Jpremier exhibition designer on April 3-5, 2019. The event witnessed a wide participation from the tube and
sheet metal manufacturers, welding companies, and other component manufactures. Jindal Stainless
displayed its stainless steel showcase van at the expo that highlighted multiple applications using stainless steel.
jindal Stainless was awarded the 'Industry Trendsetter' & 'Sustainability Award' for its contribution in boosting
stainless steel demand in the country through various initiatives at the grass-root level. The company's support in
terms of training and on-site fabrication demonstrations to various fabricators and customers for improving
fabrication quality was also recognised.
Jindal Stainless participates in PCME Conference
As the 'Partner in Progress',
Jindal Stainless participated
in Principal Chief Mechanical
E n g i n e e r s ' ( P C M E ) C o n f e r e n c e
organised by South Central Railway
(SCR) in Secunderabad on April 26-28,
2019. The conference was chaired by
Member, Rolling Stock, Railway Board,
Mr Rajesh Agarwal. Various senior
railway officials including all PCMEs of zonal railways and production units, as well as senior officers from
Research Design and Standards Organisation (RDSO) and Railway Board attended the event. Jindal Stainless was
represented by Director, Mr S Bhattacharya; Head, Domestic Sales, Mr Rajeev Garg; Director, JSL Lifestyle Ltd., Mr
Ashok Agarwal; Segment Lead, Railways & Metro, Mr Nagarajan P and Business Head, Project Execution &
Commercials, JSL Lifestyle Ltd., Mr Kuldeep Chander. Mr Garg gave a brief presentation on the capacity and
capabilities of the company, its partnership with railways, and future plans.
(Left to Right) Mr Happy Lamba and Mr Rajeev Gupta receiving the award
Mr Rajeev Garg addressing the audience
IIT Kharagpur and Jindal Stainless institutionalize elective course on stainless steel and advanced ferrous alloys
09 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
India's premier engineering institute, IIT
Kharagpur and Jindal Stainless
recently tied-up to introduce a 3-credit
course on stainless steel and advanced
ferrous alloys as a part of the former's
u n d e r g ra d u a t e a n d p o s t - g ra d u a t e
c u r r i c u l u m f o r t h e D e p a r t m e n t o f
Metallurgical and Materials Engineering.
The course shall comprise the study of
stainless steel and the uniqueness of its
various grades, behavioural and forming
characteristics, determination of life-cycle cost, and an understanding of the entire gamut of applications; along
with the study of advanced ferrous alloys. The course shall commence as an elective from the autumn semester
(July-November 2019) of the institute, with an initial batch of around 50-60 students.
The course curriculum will also give real-time exposure of stainless steel fabrication to students through visits to
the manufacturing units of Jindal Stainless in Hisar and Pathredi in Haryana. According to the new curriculum,
the duration of this 3-credit elective course will be 4 months, with 3 lectures per week. Given that stainless steel is
one of the fastest growing metals globally, this course shall open new professional avenues for the graduating
students.
Stainless steel bus shelters in Bhubaneswar brave the devastating cyclone Fani
Amidst the debris of houses,
t rees , and other publ ic
infrastructure caused by
cyclone Fani in Bhubaneswar, the
recently installed stainless steel bus
queue shelters (BQSs) in the city have
been barely affected. The overall BQS
structures remained intact despite the
high intensity wind roaring up to 240
kmph, reflecting the strength of
stainless steel in extreme weather
conditions. These BQSs were installed
in February this year by Jindal Stainless
as part of a government project. Even after the cyclone, these BQSs require minimal fixing, apart from replacing
non-stainless steel multiwall roof sheets, city map doors and tube lights, which were damaged due to the falling
of surrounding trees and signage. Jindal Stainless has already initiated the work to upkeep these BQSs.
Stainless steel BQSs withstood uprooted trees during cyclone Fani in Bhubaneswar
DID YOU KNOW?DID YOU KNOW?STAINLESS STEEL GRADE 304
The most widely used austenitic stainless steel with excellent corrosion resistance.
Chemical Properties
+ Chemical Compositions
(% by mass)
C: 0.07
Cr: 17.5-19.5
Ni: 10.5
N: 0.1
Mechanical Properties
+ Superior corrosion
resistance due to high
Chromium content
+ Improved formability and
weldability
+ Deep drawability
+Storage Tanks
+ Handrails
+ Food and beverage
industry
+ Auto and pharmaceutical
industries
+ Cutlery
Applications
10 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
SOCIAL BUZZ
Our Facebook page is now 1 Lakh strong!
11 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
Insights
s a pioneer in the Indian stainless steel
Aindustry, Jindal Stainless emphasizes on
innovations in manufacturing & its
processes in order to enhance productivity. A wide
demand base for various applications calls for specific
customizations in stainless steel plates. However,
after a relay of various processes including annealing,
leveling, welding, shot blasting, pickling, and plate
inspection at the Plate Finishing Shop (PFS), stocking
these bunches of stainless steel plates (called pallets)
poses logistical challenges. In order to simplify this
process, the Hot Strip Mill (HSM) at Jindal Stainless
Limited, Jajpur recently developed an innovative
system.
Conventionally, these finished stainless steel plates
were packed at the PFS and then transported to the
Hot Pickling Line (HPL) bays using a crane-like
machine called Hydra. However, this arrangement
posed several issues. Hydra's transfer capacity was
limited to only 5 tonnes per 15 minutes as extending
the boom length reduced the lifting capacity of the
machine. There was also a congestion of finished
products at the HPL exit due to lack of a proper
stacking system. Moreover, the movement of Hydra
on the shop floor was unsafe for the working staff. The
machine required regular maintenance too, scaling
up production costs. Apart from this, around 5 people
had to be engaged in the shifting of stainless steel
pallets using Hydra. In a month, only 5500 tonnes of
stainless steel plates could be delivered using this set-
up, hampering the company's productivity.
The HSM team at Jindal Stainless Limited, Jajpur took
up the challenge of indigenously revamping this time-
consuming process. The in-house HSM team including
Mr Sukhbir Singh, Mr Pradip Pal, Mr Salim Khan, Mr
Pratap Karan, Mr Mukesh Singh, and Mr Nityanand Rout
built an innovative Inter-Bay Pallet Transfer Car to
replace Hydra. As per this new system, the stainless
steel pallets are now stacked over one another using
wooden planks, and can now be transferred from the
PSF to the HPL, drastically reducing the per unit
transfer. This new set-up boosted the transfer capacity
by nearly 10 times, stocking around 50 tonnes of
stainless steel pallets in 10-15 minutes, as compared to
5 tonnes with Hydra. Apart from this, the Inter-Bay
Pallet Transfer Car is extremely safe and reduces the
manpower requirement too; 2 workers can efficiently
transfer pallets between bays. The car allows carrying
p a l l e t s e x t e n d i n g t o 1 2 m e t r e s o f l e n g t h .
Consequentially, the monthly production capacity of
the HSM has now scaled up to nearly 7000 tonnes.
12 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
HSM Team at Jindal Stainless Ltd., Jajpur (Left to Right) Mr Sukhbir Singh, Mr Sunil Singh, Mr Salim Khan Mr Pratap Karan, Mr Nityanand Rout and Mr Mukesh Singh Inter-Bay Pallet Transfer Car at Jindal Stainless Ltd., Jajpur
his stainless steel egg-like structure is 5.6 metres tall, 4.2 metres wide, and weighs more
Tthan 5 tonnes. Perched on a nest of rocks, can you guess the name and location of this
sculpture?
Send us your answers at [email protected]
13 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
In the last edition, we asked the
following question,
This stainless steel monument
commemorates the unpopular
genocide of the Pontic Greeks
carried out by the Turkish
goverment between 1915 and
1922. Name the sculpture and its
location.
Answer
The Greek Genocide Memorial in
Piraeus is a major monument
located in the Greek port city of
Piraeus. It commemorates the
Genocide of the Pontic Greeks.
The Pontic Genocide was an
atrocity carried out by the
Turkish goverment; i t was
co m m i t t e d a l o n g s i d e t h e
A r m e n i a n a n d A s s y r i a n
g e n o c i d e s . A n e s t i m a t e d
353,000 Greek lives were lost as
a result of the Pontic genocide.
T h e w o r k c o n s i s t s o f a
c o n t e m p o r a r y s c u l p t u r e
created by artist Panagiotis
Tanimanidis. It was formally
unveiled at a special ceremony
in Piraeus on May 21, 2017. The
three-dimensional stainless
steel sculpture is 15.50 metres
long and 7.10 metres high.
Inside, the work is adorned with
17 sculptural compositions,
successive icons depicting the
flight from Pontus to reach an
unprepared homeland that
sheltered the refugees. Read
more at
https://hellenicnews.com/unveil
i n g - m o n u m e n t - g e n o c i d e -
greeks-pontus-will-take-place-
sunday-may-21-piraeus/
Winners
W e c o n t i n u e t o g e t a n
overwhelming response for our
quiz. Mr Kiron Roy (Shivam Hi-
Tech Steels Private Limited,
Bhilai) and Mr Sunil Gulati (D M
Metalloys Pvt. Ltd., New Delhi)
were the first ones to get back to
us with the correct answer.
Our own Jindal Stainless team
also took an active part with
Mr Abhishek Puri (AGM, CRD,
JSHL) and Mr Auro Kumar Datta
(SAP, Jajpur) cracking the correct
answer before anyone else.
Winners will receive a small
compliment from us shortly.
14 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
9th Electric Vehicles (EV) Expo, IndiaEvExpo 2019 is the 9th eco-friendly electric vehicle
expo in India which will offer comprehensive market
information, great business opportunities, and a
platform for networking to exhibitors. The expo will
present an opportunity to showcase, and understand
the latest trends in electric vehicles, components,
and services for convenient and environment friendly
transportation solutions.
Date: June 6-8, 2019
Venue: Sahara Shaher Auditorium, Sahara
Shaher, Gomti Nagar, Lucknow
Website: http://tradeshows.tradeindia.
com/evexpo/
15 | | JINDAL STAINLESS - MAY 2019STAINLESS POST
EuroSciCon Conference on Mining and MetallurgyEuroSciCon Conference on Mining and Metallurgy is
being hosted by EuroSciCon, London with this year’s
theme, ‘Exploring New Trends in Metal and Mining
Engineering’. The conference is a platform to share
new ideas among professionals, industrialists,
students, and industrialistic minds from research
areas of Mining and Metallurgy, Materials Science,
Chemistry, and Physics, and indulge in
interactive discussions and technical
sessions at the event.
Date: June 24-25, 2019
Venue: Tokyo, Japan
Website: https://metal.euroscicon.com/
Are you facing any concerns related to corrosion, selection of material/right grade of stainless steel, maintenance and
fabrication difficulties, or sourcing of material? We can provide support and revert with details required.
Our training van is also available to visit your factory to provide onsite training to your officers and technicians.
Contact us at [email protected] and our technical and commercial experts will get in touch with you.
For any suggestions on this newsletter, reach out to [email protected].
16 | | JINDAL STAINLESS - MAY 2019STAINLESS POST