In Short:
JSW Steel is using Blast Furnace Cyber-Physical System tech to visualize and predict blast furnace operations, reducing operational impediments. Partnering with JFE Steel Corporation, they will pilot this tech at JSW Steel Vijayanagar Works, with plans for further collaboration. JFE has successfully implemented this technology in its own blast furnaces. JSW Steel also formed a joint venture with JFE to produce electrical steel in India.
JSW Steel Partners with JFE Steel Corporation for Innovative Technology
Exciting news alert! JSW Steel is all set to revolutionize its blast furnace operations with the introduction of a cutting-edge technology known as Blast Furnace Cyber-Physical System. This cloud-based tech will not only visualize and predict the blast furnace operations but also assist in abnormality predictiveness through a hot metal temperature control model & channelling prediction.
What does this mean for JSW Steel? Well, it means a smoother and more efficient operation at its blast furnaces, leading to agile and stable outcomes. The company is taking a major step towards embracing digital transformation in its production processes.
Pilot Demonstration with JFE Steel Corporation
But that’s not all! JSW Steel is teaming up with JFE Steel Corporation, a prominent Japanese steel major, to conduct a pilot demonstration of this technology at JSW Steel Vijayanagar Works. This collaboration marks the beginning of a strategic partnership aimed at enhancing steel production processes in the future.
According to the company statement, JFE Steel Corporation has successfully implemented this technology across all its 7 blast furnaces, achieving highly-efficient and stable operations. This partnership is set to pave the way for innovative solutions in the global steel market.
About JFE Steel Corporation
Established in 2003 through the consolidation of NKK Corporation and Kawasaki Steel Corporation, JFE Steel Corporation operates multiple steelworks in Japan and has a global presence through branch offices and affiliates. In the fiscal year ended March 2024, the company reported consolidated sales of 3,716 billion yen and a consolidated crude steel output of 24.80 million tons.
Exciting Ventures Ahead
And that’s not the end of it! JSW Steel Ltd recently announced a 50:50 joint venture with JFE Steel Corporation for the production of grain-oriented electrical steel in India. The new company, JSW JFE Electrical Steel Private Limited, will be based in Karnataka with a planned investment of ₹5,500 crore.
With such innovative collaborations and technological advancements, the future looks bright for JSW Steel and its journey towards digital transformation in the steel industry.
