Last but not the least is the famous Bokaro Steel Plant (BSP), a public-sector undertaking of the Government of India, is located in Bokaro, Jharkhand. It is the first integrated steel plant in the country and the first plant in the world to use the steelmaking process of the basic oxygen furnace (BOF). The plant was set up with the help of the Soviet Union.
The Bokaro Steel Plant was originally established in 1949 as a small steel plant with a production capacity of just 36,000 tonnes per year. The plant was expanded and modernised over the years, and by the late 1950s it had become one of the largest steel plants in India. With the establishment of the city of Bokaro, the plant became a major employer, with a large population of workers living in the surrounding area. The Bokaro Steel Plant is now a major producer of steel in India, with a production capacity of over 3 million tonnes per year. The plant is also a major supplier of steel to the Indian armed forces. The city of Bokaro has also developed into a major industrial centre, with a large number of factories and businesses located in the area. The plant is a major employer in the region. It provides employment to around 35,000 people.
The plant is also equipped with two electric arc furnaces and two ladle furnaces. It has an annual production capacity of 3.5 million metric tonnes of crude steel. The plant products include hot and cold rolled coils, galvanised coils, wire rods, structural and merchant bars, billets, and blooms. The plant is currently operated by the Steel Authority of India Ltd. (SAIL).