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2023-07-26T14:02:14Z

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← Older revision		Revision as of 19:32, 26 July 2023
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	\| name = Welspun Maxsteel Ltd		\| name = Welspun Maxsteel Ltd
	\| type = [[public company\|Public]]		\| type = [[public company\|Public]]
	\| logo = ~~[[File:Maxsteel logo.PNG\|Welspun Maxsteel logo]]~~		\| logo =
	\| foundation = 1989, [[Mumbai]]		\| foundation = 1989, [[Mumbai]]
	\| founder =		\| founder =

->Ira Leviton: Fixed typos found with Wikipedia:Typo_Team/moss.

2021-12-22T23:56:48Z

Fixed typos found with Wikipedia:Typo_Team/moss.

New page

{{Use dmy dates|date=April 2018}}
{{Use Indian English|date=April 2018}}
{{Infobox company
| name = Welspun Maxsteel Ltd
| type = [[public company|Public]]
| logo = [[File:Maxsteel logo.PNG|Welspun Maxsteel logo]]
| foundation = 1989, [[Mumbai]]
| founder =
| location_city = Welspun House, [[Lower Parel]] [[Mumbai]], [[Maharashtra]]<ref>{{cite web|url=http://welspunmaxsteel.com/content.asp?Submenu=N&MenuID=10 |title=:: Welspun :: |publisher=Welspunmaxsteel.com |accessdate=2011-01-03}}</ref>
| location_country = [[India]]
| area_served =
| key_people = [[B K Goenka]], [[Chairman]]<ref>{{cite news|url=http://economictimes.indiatimes.com/welspun-corp-ltd/infocompanyhistory/companyid-5032.cms |title=Welcorp History & Profile |publisher=Economictimes.indiatimes.com |accessdate=2011-01-03}}</ref>
| num_employees = More than 550
| revenue =
| operating_income =
| net_income =
| assets =
| equity =
| industry = [[Steel]]
| subsid =
| parent = [[Welspun Group]]
| products =
| homepage = {{url|www.welspunmaxsteel.com}}
}}
'''Welspun Maxsteel Ltd.''' is an Indian steel company. It is located near Salav village in Murud taluka.

== History ==

Welspun Maxsteel Ltd. was formed on 22 May 2009 after Welspun Steel Ltd. completed the acquisition of Vikram Ispat, the sponge iron division business of [[Grasim Industries Ltd]]. Now{{when?|date=December 2021}} part of the US$3 billion [[Welspun Group]], the facility was set up in 1989 with design capacity of 0.75 million tons of Sponge Iron in the form of hot briquetted iron and an initial investment of Rs. 525 crore.

In August 2014, [[JSW Steel Ltd]] acquired Welspun Maxsteel Ltd in a deal valued at around 1,000 crores.<ref>{{cite news| url=http://www.btvin.com/videos/watch/8439/welspun-max-steel-sold-| title= Welspun Max Steel Sold| publisher= [[Bloomberg TV India]]}}</ref>

== Steel facility ==

Spread across 435 acres of land with a captive Port, the facility is located in the scenic beaches of Salav village in Raigad district of Maharashtra. The facility today{{when?|date=December 2021}} boasts of being the only natural gas-based DRI plant for merchant sale in India with a turnover of Rs. 1302 crore (FY2009-10). The Company currently has a work force of more than 550 employees and has an installed capacity of 9 lakh ton per annum.

==References==
{{reflist}}

==External links==
*[http://www.steelguru.com/indian_news/Welspun_raises_INR_700_crore_for_Vikram_Ispat_buy/87650.html Welspun raises INR 700 crore for Vikram Ispat buy]
*[http://www.livemint.com/articles/keywords.aspx?kw=Vikram%20Ispat%20Ltd Vikram Ispat gets IDBI guarantee for Rs500 cr]
*[http://www.thehindu.com/business/companies/article823665.ece Welspun Maxsteel were willing to pay USD 4.75 to USD 5.25 per million British thermal unit for KG-D6 gas]
*[http://www.thefinancialexpress-bd.com/more.php?news_id=111900&date=2010-09-16 GMR Energy and Welspun Maxsteel for purchase of additional KG-D6 gas]
*[http://www.deccanherald.com/content/96649/ril-suggests-customers-willing-pay.html RIL suggests customers willing to pay more for D6 gas]

{{Steel industry of India}}
{{JSW Group}}

[[Category:Manufacturing companies based in Mumbai]]
[[Category:Steel companies of India]]
[[Category:Welspun Group]]
[[Category:Companies established in 1989]]
[[Category:1989 establishments in Maharashtra]]

Welspun Maxsteel - Revision history

Delinker: Bot: The file File:Maxsteel logo.PNG has been removed, as it does not exist.

->Ira Leviton: Fixed typos found with Wikipedia:Typo_Team/moss.