The story
Visakhapatnam Steel Plant came out of a public movement in the 1960s demanding a steel plant for Andhra. Built by Rashtriya Ispat Nigam Limited (RINL), it is India's first shore-based integrated steel plant, using the port to import coking coal. A large ancillary base of fabrication, engineering and service firms grew around it. The plant has faced financial stress and received a central revival package.
In numbers
RINL's Visakhapatnam Steel Plant is the country's first shore-based integrated steel plant, with a current installed capacity of 7.3 Mtpa of liquid steel.
RINL, EIL, BSLC and OMDC (Ministry of Steel) · 2024
Ways in for a newcomer
- Fabrication and machining job-work for the steel plant
- Refractory and spares supply
- Slag and scrap recycling
- Steel trading and re-rolling
Problems the cluster faces
- Financial stress at the plant
- No captive iron ore mines
- Delayed payments to vendors
- Steel price cycles
Businesses to start here
Steel Re-Rolling Mill (MS Rounds, Angles, Channels, Tor Steel) →Metallurgical Coke Unit (Small Coke Ovens) →Metal Scrap Recycling Unit →Fire Clay Refractory Bricks and Blocks →