VISA Steel Limited
VISA Steel Limited is a part of the VISA Group founded in 1994 by Mr. Vishambhar Saran. The VISA Group is a Minerals, Metals and Energy Conglomerate that believes in leveraging its core strengths to create high quality assets and rewarding long term businesses in Steel, Power and International Trading. VISA Steel has created facilities for production of Special Steel, Ferro Chrome and Coke at Kalinganagar Industrial Complex, in the mineral rich State of Odisha based on MoU signed with the State Government. The Company is having its Registered Office in Bhubaneswar; Corporate office in Kolkata and Branch Offices across India. The Company is having a reputed Board of Directors, experienced and professional Promoters and Management Team, who have a strong track record in business and industry. VISA Steel’s shares are traded on the BSE and NSE.
The Company is operating an integrated 0.5 million TPA Special Steel Plant at Kalinganagar Industrial Complex in Odisha. The Special Steel Long Product Plant facilities include a 225,000 TPA Blast Furnace, 300,000 TPA Sponge Iron Plant, 500,000 TPA Steel Melt Shop (with EAF, LRF and VD) & 500,000 TPA Rolling Mill (Bar & Wire Rod Mill).
The Company is also operating 150,000 TPA Ferro Chrome Plant and is in the process of amalgamating VISA Bao Limited with VISA Steel Limited, consequent to which Baosteel will hold 5% stake in VISA Steel Limited. VISA BAO Limited is a joint venture between VISA Steel & Baosteel,China. The facilities are adding value to the locally available Chrome Ore & Chrome Concentrates into Ferro Chrome.
VISA SUNCOKE LIMITED
VISA SunCoke Limited, a joint venture company between VISA Steel Limited and SunCoke Energy, USA, is operating a 400,000 MT per annum Heat Recovery Coke Plant and Associated Steam Generation Units at Kalinganagar in Odisha. VISA Steel is holding 51% stake and SunCoke Energy is holding 49% stake in VISA SunCoke.
SunCoke Energy, Inc. is the largest independent producer of Metallurgical Coke in the Americas, with 50 years of experience supplying Coke to the integrated Steel industry. SunCoke Energy is recognized as a leading provider of Heat Recovery Coke making technology that meets or exceeds applicable environmental standards.
VISA SunCoke has established itself as the best quality Coke manufacturer and enjoys advantage over imported Coke from China. VISA SunCoke has been able to leverage its operating and technological expertise to be cost efficient and serve customers across India with the best quality Coke.