JINDAL STEEL LIMITED

rs,

imited Corporate Relationship Department, 1st Floor, New Trading Ring, Rotunda Building, P J Towers, Dalal Street, Fort, Mumbai – 400 001 corp.relations@bseindia.com Scrip Code : 532286 National St

rs. 2

related areas are purely indicative and could change with market conditions and host of other factors. 2 Table of Content Highlights Industry Update Company Update Way Forward Page No 4 6 10 20 H

rs 120

moving away from exports 4. Reduction in Steel supply from China bodes well for Indian Steel producers 120 100 80 60 40 20 0 9.0 8.0 7.0 6.0 5.0 4.0 3.0 2.0 1.0 - Chinese Crude Steel product

13%

.0 5.0 4.0 3.0 2.0 1.0 - Chinese Crude Steel production growth has tapered (Fig in Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21%

19%

.0 2.0 1.0 - Chinese Crude Steel production growth has tapered (Fig in Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20%

8%

.0 1.0 - Chinese Crude Steel production growth has tapered (Fig in Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20% 10%

7%

1.0 - Chinese Crude Steel production growth has tapered (Fig in Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20% 10% 0%

2%

- Chinese Crude Steel production growth has tapered (Fig in Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20% 10% 0% -1

12%

e Crude Steel production growth has tapered (Fig in Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20% 10% 0% -10% -20% -

21%

d (Fig in Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20% 10% 0% -10% -20% -30% -5% 86 Dec-20 Jan-21 Feb-21 Mar-

22%

n Mn MT) 13% 13% 13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20% 10% 0% -10% -20% -30% -5% 86 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21

30%

13% 19% 8% 7% 2% -7% -12% 91 87 87 97 98 99 94 87 83 -21% 74 -22% 72 -21% 69 30% 20% 10% 0% -10% -20% -30% -5% 86 Dec-20 Jan-21 Feb-21 Mar-21 Apr-21 May-21 Jun-21 Cr

Expansion

2

India

1

Global

1

Global

Coking Coal Mozambique Australia Anthracite South Africa 11 STEEL CAPACITIES ACROSS LIFE CYCLE IRON MAKING (10.42 MTPA) LIQUID STEEL (9.60 MTPA) FINISHED STEEL (6.65 MTPA) Capacity in deail DRI 3.12 MTPA (Direct Reduced Iron) BF 7.30 MTPA (Blast Furnace) SMS 9.60 MTPA (Steel Melting Shop) WRM 0.60 MTPA (Wire Rod Mill) Rail Mill 0.75 MTPA BSM 0.70 MTPA (Beam & Structure Mill) Plate Mill 2.20 MTPA BRM 2.40 MTPA (Bar Rod Mill) 12 INDIA CAPACITIES Raigarh (Chhattisgarh) B F 3.05 M T PA Angul (Odisha) C G P 225,000 Nm 3/Hr D R I 1.32 M T PA B F 4.25 M T PA SM S 3.6MTPA D R I 1.8 M T PA Plate Mill 1.00 M T PA Rail Mill 0.75 M T PA B SM 0.70 M T PA SM S 6 M T PA B R M 1.4 M T PA Plate Mill 1.2 M T PA C P P 824 M W C P P 810 M W Barbil (Odisha) Patratu (Jharkhand) Mining Pellet Plant 9 M T PA W R M 0.60 M T PA Tensa 3.11 M T PA B R M 1.0 M T PA Kasia 7.5 M T PA Power Hot Metal Liquid Steel Finished Steel 13 JSPL STANDALONE KEY FINANCIALS (INR Crores) *Incl. GST (goods and service tax) 14 Q2 FY

Expansion

INR 11,400 Cr. ANGUL PHASE-II : TIMELINE FY22 FY23 FY24 FY25 Angul Pellet Plant #1: 6MTPA HSM Phase #1: 3MTPA Angul Pellet Plant #2: 6MTPA Slurry Pipeline Oxygen plant, Coke oven , RMHS HSM Phase #2 Expand to 5.5 MTPA Blast Furnace #2: 4.25 MTPA Angul BOF #2 : 3.3 MTPA DRI #2: 2.7 MTPA Angul EAF #2 : 3 MTPA TSCR : 3 MTPA Expected COD Sep 22 Feb 23 Sep 23 Sep 23 Sep 23 Sep 23 Dec 23 Dec 23 Feb 25 Feb 25 Feb 25 Past (FY11) Present Future (FY25) JSP FINISHED STEEL CAPACITY BRM, 25% PLATES, 25% BSM, 15% 3.95 MTPA WRM, 15% RAIL MILL, 19% PLATES, 33% BRM, 36% 6.65 MTPA BSM, 11% RAIL MILL, 11% WRM, 9% BSM 4% RAIL MILL 5% WRM 4% BRM 16% PLATES 15% 15.15 MTPA HSM 36% TSCR 20% | DRI- Direct Reduced Iron | BF- Blast Furnace | WRM- Wire rod mill | BSM- Beam & structure mill | BRM- Bar rod mill (rebar) | HSM- Hot Strip Mill | TSCR – Thin Slab Caster & Rolling | 24 ODISHA INTEGRATED STEEL PLANT, ANGUL PELLET PLANT, BARBIL 25 CHHATTISGARH & JHARKHAND INTEGRATED STEEL PLANT,RAIGARH STEEL FABRICATION P