Mivaan Steels

In August 2018, Monnet Ispat & Energy Limited (MIEL), has been acquired jointly by a consortium of Aion Investments Private Limited (AION) and JSW Steel Limited. Established in 1994 Monnet Ispat & Energy Limited (MIEL), has a de-risked business portfolio that encompasses manufacturing and marketing of Sponge Iron, Steel and Ferro Alloys. MIEL is in the elite group of primary steel producers with a world class integrated steel plant at Raigarh that has a production capacity of 1.5 MTPA to produce HR plates, rebars and structure profiles to cater to the rapidly growing infrastructure & construction industry. The name of the Company has been changed to JSW Ispat Special Products Limited with effect from 23rd September 2020.