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Jindal Steel gets India's First BIS licence to manufacture Fire Resistant Steel

Posted On : 2023-03-20 08:46:51( TIMEZONE : IST )

Jindal Steel gets India's First BIS licence to manufacture Fire Resistant Steel

Jindal Steel & Power (JSP) has received BIS certification to manufacture India's First Fire Resistant Steel Structures at its Rail Mill & Special Profile Mill in Raigarh, Chhattisgarh. The Hot Rolled Structural Steel, manufactured as per IS 15103, can be used for high-temperature or fire-prone areas and can withstand temperatures up to 600 degrees Celsius for a maximum duration of 3 hours.

Fire protection has been a challenge in the design of steel structures. The availability of Fire Resistant Steel will result in more efficient designs of structures. The new BIS 15103 grade will be used to manufacture steel structures for infrastructure projects such as industrial structures, refineries, bridges, metro projects, and steel & power plants as well as in hospitals, and commercial and residential buildings.

Mr Bimlendra Jha, Managing Director of Jindal Steel & Power, said in a statement, "The license provided to Jindal Steel & Power to produce Fire Resistant Steel will be a game-changer in strengthening India's infrastructure & its safety standards. Fire Resistant Steel will provide much-needed assurance to the end users for fire safety, building a safer AtmaNirbhar Bharat".

A felicitation ceremony for the BIS certifications was held during the World Consumer Rights Day celebration at Vanijya Bhawan, New Delhi. The ceremony was presided over by Shri Piyush Goyal, Hon'ble Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution, and Textiles, who formally granted a license to Jindal Steel & Power.

Shares of Jindal Steel & Power Limited was last trading in BSE at Rs. 572.20 as compared to the previous close of Rs. 553.85. The total number of shares traded during the day was 189919 in over 3212 trades.

The stock hit an intraday high of Rs. 574.95 and intraday low of 557.05. The net turnover during the day was Rs. 108151470.00.

Source : Equity Bulls


JindalSteelandPower INE749A01030 JSPL BISCertification FireResistant SteelStructure RailMill SpecialProfileMill Raigarh Chhattisgarh