Vraj Iron and Steel Limited is an India-based company engaged in manufacturing of sponge iron, mild steel (M.S.) billets, and thermo mechanically treated (TMT) bars under the brand Vraj. Its product includes Sponge Iron, TMT Bar, MS Billets and by-products Dolochar, Pellet and Pig Iron, cater to a mix of customers that consists of industrial customers and end-users. Its MS billets are a semi-finished casting product produced in a steel melting shop that needs to be further processed to transform them into a finished good. Sponge iron is the key raw material required to manufacture high quality steel. It operates through two manufacturing plants which are located at Raipur and Bilaspur in Chhattisgarh spread across 52.93 acres. The aggregate installed capacity of its manufacturing plants is 2,31,600 tons per annum (comprising intermediate and final products). Its manufacturing plant at Raipur also includes a captive power plant with an aggregate installed capacity of five megawatts.