Home >> Business Profiles >> Orissa Sponge Iron Ltd Company Logo Industry Iron & Steel Business Summary Orissa Sponge Iron & Steel Ltd. (OSIL) was promoted in the year 1979. It was the first 100,000 TPA commercial scale coal based Sponge Iron Plant in our Country and one of the first few in the World. The Plant went into commercial production in 1984 with process technology from Allis Chalmers Corporation of U.S.A. using 80% coal and 20% oil. With increasing crude oil price, use of diesel oil became uneconomical. Further the process demanded high grade of coal, stock of which is depleting worldwide and did not accept Indian coal with high ash content. The process technology was later modified and developed to use 100% coal and patented by OSIL and is now known as OSIL PROCESS. The strength of OSIL PROCESS is in it's ability to use coal with high ash content and low fixed carbon without compromising on quality of product. Indian Steel Scenario in early seventies was looking up with substantial addition in capacity in secondary sector through arc furnace route. This required substantial quantities of scrap. At that time all over the world, development was taking place for substitution of melting scrap by DRI (Direct reduced iron, commonly known as "Sponge Iron"). Sponge Iron production through gaseous reduction was already established world wide, but production using non-cocking coal was in its infancy. Company Website http://www.orissasponge.com/ Phone +91-674-2725850 Contact Address Details Office Address Orissa Co-Operative Housing Corpn Ltd, 2nd Floor, Block 3, Unit 3, Janpath, Bhubaneswar 751001

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