Visa Steel Ltd, established in 1996, is a prominent player in the steel industry, focusing on the production of High Carbon Ferro Chrome with an integrated captive power plant. Located in Kalinganagar, Odisha, its manufacturing facilities encompass coke oven, ferro chrome, blast furnace, sponge iron, power, and special steel operations. The company also operates chrome ore beneficiation and grinding plants in Golagaon, Odisha.
Over the years, Visa Steel has undergone significant restructuring, including the merger with Visa Energy Resources Ltd in 2004 and the transfer of its Special Steel Business to Visa Special Steel Limited (VSSL) in 2018. In 2022, the company divested its interests in Kalinganagar Special Steel Private Limited, VISA Ferro Chrome Limited, and VSSL. Visa Steel's strategic focus on integrated steel manufacturing and restructuring efforts positions it as a competitive entity within the regional steel market.