BMW Industries Limited (BMWIL), a leading name in the steel processing industry, has announced
the successful commissioning of the first phase of its Greenfield Downstream Steel Complex at
Bokaro, Jharkhand, with the Colour Coating line commencing operations. This marks a significant
milestone in the Company’s transition into an integrated, value-added downstream steel player,
notes a press release.
The Greenfield Downstream Steel Complex at Bokaro, being developed at a total project cost of
₹803 crore, will house Cold Rolled Full Hard (CRFH), GA/GI/ZAM and colour coated capacities,
positioning BMWIL across the full basket of value-added coated steel products.
Commenting on the development, Mr. Ram Gopal Bansal, Chairman, BMW Industries Limited, said:
“The commissioning of our Colour Coating line at Bokaro marks an important first step in our
Greenfield expansion and in BMWIL’s evolution from a conversion-led business to an integrated,
value-added downstream steel player. The Bokaro complex will allow us to control the entire chain,
from Hot Rolled to Coated products, and to offer customers the complete basket of coated steel:
Galvanized, Galvalume, ZAM and Colour Coated, while diversifying our product mix and customer
base. Backed by strong industry tailwinds for value-added and coated steel, supportive government
policy and disciplined capital deployment, we remain focused on ramping up this facility and
creating enduring long-term value for all our stakeholders.”
BMW Industries Limited is one of the leading manufacturers in the steel services sector engaged in
the manufacturing of HRPO Coils, CR Coils, GP Coils, GC Sheets, MS and GI pipes, TMT rebars and
processing the same for marquee steel players in India. Incorporated in 1981, the Company has its
registered office in Kolkata, West Bengal, with manufacturing units in West Bengal and Jharkhand.
The company has a joint venture with SAIL (Steel Authority of India Limited), with the plant located
in Bokaro.