Kalana Ispat Ltd. IPO

Our Company is primarily engaged in manufacturing of M.S. Billets and Alloy Steel Billets of various grades. Our manufacturing facility has been duly certified in accordance with international standards of quality management systems such as ISO 2830:2012. Our Company operates in two major ... segments, viz. Sale of Products, and Sale of Services The brief of the segments in which our Company operates, is elaborated hereunder: a. Sale of Products – Under this segment, our Company engages in sale of products manufactured by it and sale of traded goods. The sub-segment sale of Manufacturing Goods pertains to the sale of the products manufactured by the Company, viz. M.S. Billets and Alloy Steel Billets of various grades, these are the good manufacture by our Company for sale directly to its customers on order basis. Apart from selling of the manufactured goods, the Company often capitalizes on sale of traded goods, the Company generally trades in goods such as iron scrap, iron ore and ingots. b. Sale of Services- Our Company, based on the spare capacity available with it, often undertakes job work for casting of M.S. Billets and/or Alloy Steel Billets, on behalf of its client companies. When the company does not have sufficient order to the extent of installed capacity of caster, then its spare capacity of the caster is used for production on job work basis. Under the sale of services, i.e. job work segment of the Company, the raw material is supplied by the clients and the Company solely provides the casting services, for which it charges services cost from the client. Read more

AN OVERVIEW OF STEEL SECTOR
Introduction

Global Scenario
1. In 2022, the world crude steel production reached 1885.4 million tonnes (MT). World Steel Association in its Short-Range Outlook, October 2023 forecasts that steel demand will grow by 1.8% in 2023 and reach 1,814.5 MT ... after contracting by 3.3% in 2022. In 2024, steel demand will see a further increase of 1.9% to 1,849.1 MT. 2. India is the second largest producer of crude steel. China was world’s largest crude steel producer in 2022 (1018.0 MT) followed by India (125.3 MT), Japan (89.2 MT) and the USA (80.5 MT). 3.Per capita finished steel consumption in 2022 was 221.8 kg for world and 645.8 kg for China. The same for India was 86.7 kg in 2022-23. Domestic Scenario a) Steel is a de-regulated sector. The Government’s role is that of a facilitator which lays down the policy guidelines and establishes the institutional mechanism/structure for creating conducive environment for improving efficiency and performance of the steel sector. b) In this role, the Government has released the National Steel Policy 2017, which has laid down the broad roadmap for encouraging long term growth for the Indian steel industry, both on demand and supply sides, by 2030-31. Read more