Tata Steel Long Products (TSLP), formerly known as Tata Sponge Iron Limited, is in the business of manufacturing high alloy steel, primarily for the auto sector and wire rope industry. With one million tonne capacity, it is one of the largest specialty steel plants in India in long product segment. The steel plant uses high quality iron ore from its captive mine enabling it to achieve high consistency in its product quality. The steel plant set up at Jamshedpur is the first steel plant in India to use Hot Metal in Electric Arc Furnace that has become an industry wide practice now.Besides, the company also manufactures and markets sponge iron for use by the secondary steel sector and has a total capacity of 0.90 million tonnes – production units are located in Jamshedpur and Joda. The company also generates power from the latent heat generated inside its furnaces, which is primarily used for captive consumption.
For catering to the Steel Plant and DRI plants, the company has captive iron ore mines located nearby. The iron ore is used to make hot metal from Blast Furnace through Sinter, and sponge iron through pellets & sized iron ore in DRI kilns.Besides, the company has also received a coal block near Hazaribagh, Jharkhand which is currently under development.
In fitting recognition of its overall excellence in stakeholder management practiced over the years, TSLP has been the recipient of several National & State awards & commendations on quality, safety, productivity, sustainability, environment & energy management and all other dimensions of corporate social responsibility. The company recently received a national award from the Ministry of Corporate Affairs for one of its CSR Projects