With a history spanning over five decades, JSL proudly stands as one of the top five global players in the stainless steel industry today, excluding China. In a world yearning for constant change, the Company is not content with mere progress. JSL has chosen to be the architect of transformation, embracing sustainability as the guiding principle and has been consistently revolutionising the industry with practices that invigorate the economy
Stainless steel has the power to shape a better world. Its corrosion resistance and durability are the building blocks of sustainable longevity. This ensures a future where maintenance and life cycle cost are minimised and resources are conserved. Stainless steel manufacturing relies heavily on recycled materials. It has a lifespan of at least fifty years and can be recycled completely and infinitely, with no loss in quality. Furthermore, the entire life cycle cost of stainless steel is often lower than other materials, making its usage cost-efficient and more sustainable as well. These properties of stainless steel breathe life into a circular economy, where sustainability and profitability intertwine. No wonder then that stainless steel has solidified its position as a ‘green metal’.
JSL remains committed to a greener, sustainable future, fuelled by environmental responsibility. The Company manufactures stainless steel using scrap in an electric arc furnace, the least greenhouse gas emission route since it enables 100% recyclability with no reduction in quality. The Company aims to reduce carbon emission intensity by 50% until FY35 (from the FY22 baseline levels of 1.91 tonnes CO 2 / tonnes of crude steel) and achieve Net Zero by 2050.
JSL has also embraced renewable energy sources and is committed to power future growth through renewable sources of energy only. The Company’s keenness to set up 300MW solar and wind capacities across several states is a testimony to this fact. It aims to be the conductor of change, orchestrating a future where progress and preservation go hand in hand. The Company is poised for continued sustainable growth, which will also benefit its stakeholders.
The first step in stainless steel manufacturing is the melting of raw materials in an electric arc furnace, where graphite electrodes heat the mix to their melting point. Stainless steel scrap, iron, nickel and chromium are the key raw materials used.