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 corporatecommunications@jindalstainless.com

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 marketing@jindalstainless.com and our technical and commercial experts will get in touch with you.

For any suggestions on this newsletter, reach out to corporatecommunications@jindalstainless.com.

16 | | JINDAL STAINLESS - MAY 2019STAINLESS POST