YSR STEEL CORPORATION LIMITED: IIB-DG acquired YSR STEEL CORPORATION LIMITED on May 20, 2022 The Steel Plant envisaged at Andhra Pradesh is strategically located in South India.

The plant is within a close proximity of major markets like, Bengaluru, Chennai, Hyderabad, Mumbai etc. which are within a radius of 150 kms.

Demand for long Products in India is poised to increase from 42.5 MT FY21 to 78.5 MT by FY24 with east and south region as demand hotspots. Long Products (REBARS) demand across all South Indian States is expected to grow significantly.

YSRSCL (100% Subsidiary Company by Government of Andhra Pradesh) intends to partner with experienced Steel player. JVC Partner will be benefitted in terms of Tax relaxation from Government of Andhra Pradesh. Therefore this integrated Steel Plant Project much beneficial and Profitable due to high demand of Long Products REBARS, BILLETS & HRC (Hot Rolled Coil).