TOP 10 STEEL COMPANIES IN INDIA

By | April 26, 2016

List of TOP 10 STEEL COMPANIES IN INDIA

Steel is a very good alloy of iron and carbon. It is very hard, durable and strong. It never gets rust on them. This is why steel has extensive uses in almost all industries, especially in construction and manufacturing industries.  Therefore, many reputable companies have started manufacturing steel.Here we will discussed top 10 steel companies in india.

India has gained a domain position in the world as the one of the most significant steel production countries. There are many reputable Indian steel manufacturing companies exporting various steel products across the globe.

  1. Rashtriya Ispat Nigam Limited

Company Overview:

Rashtriya Ispat Nigam Ltd, known as Vizag Steel, is a Government of India undertaking company located in Visakhapatnam, Andhra Pradesh. Established in the year 1982, Rashtriya Ispat Nigam Limited is the largest steel producer in India. This is one the most profitable Government of India enterprises. This steel plant has been constructed in collaboration with USSR and Germany.

RINL is fully owned by the Government of India. The company was given the Navratna status In November, 2010 by the Government of India. This plant is really a pride of India. It stands out from the rest for its production and quality products.

Annual Turnover: ₹ 125.66 billion

Year of Establishment: 1982

Founder: Steel Authority of India Limited

Net Profit:

Headquarters – Visakhapatnam, India

Address: 226/1, AJC Bose Rd, Ballygunge, Kolkata, West Bengal, 700020

Website:  www.vizagsteel.com

  1. Tata Steel

Formerly known as formerly Tata Iron and Steel Company Limited (TISCO), Tata Steel stands the second in India, just after Rashtriya Ispat Nigam Limited. The plant was established in 1907. Headquartered in Mumbai, this world’s 11th largest steel producing plant has various manufacturing units across 26 countries in the world.It is one of the top 10 steel companies in india.

The company has a huge production capacity 25.3 million per annum. It produces more than 9.7 million tons at its various units in India.

Head Quarter – Mumbai, Maharashtra

Year of Establishment: 1907

Founder: – Dorabji Tata

Parent Company – Tata Group

Annual Turnover: ₹135278 crore (US$20 billion)

Employees – 80,534

Website – www.tatasteel.com

Net Profit- ₹-3955 crore (US$−590 million)

Company Address:

Tata Steel Limited

Bombay House, 3rd Floor 24 Homi Mody Street Fort Mumbai- 400001 India

T: + 91 22 6665 8282 F: +91 22 6665 7724

  1. JSW Steel

Owned by JSW Group, JSW Steel Ltd is an Indian steel producing company. It secures third place in India.  This reputable company was established in 1982. It stands out from the crowd as the privately-owned steel manufacturing company in India, producing 14.3 MTPA. They have as many as 6 steel plants all over India. These area located at Salem (Tamil Nadu), Vijayanagar (Karnataka), and Kalmeshwar, Tarapur, Vasind and Dolvi in Maharashtra. They know well for their innovative products and high technology.It is one of the top 10 steel companies in india.

Head office – Mumbai, Maharashtra

Year of Establishment – 1982

Websitewww.jsw.in

Annual turnover– ₹485.27 billion (US$7.2 billion)

Net Profit- ₹13.34 billion (US$200 million)

Founder: JSW Group

Company Address:

JSW Centre

Bandra Kurla Complex,Mumbai 400 051

T: +91 22 4286 1000 /+91 22 4286 3000

 

  1. Steel Authority of India Limited

Steel Authority of India Limited is abbreviated as SAIL is one of the largest steel producing companies in India. Headquartered in New Delhi, SAIL has 5 integrated steel plants located at Bhilai, Durgapur, Burnpur Rourkela, and Bokaro.  Besides, it has 3 special steel plants at Salem, Durgapur and Bhadravathi. The company is dedicated to raising the bar of excellence in the industry with green technology. With a vision of producing high-quality steel, SAIL was founded in 1954.It is one of the top 10 steel companies in india.

Head office – New Delhi, India

Type – Public

Year of Establishment – 1954

Websitewww.sail.co.in

Annual turnover– ₹50627 crore (US$7.5 billion)

Net income – ₹2093 crore (US$310 million)

Founder: Steel Authority of India

Company Address:

Ispat Bhawan, Lodi Road, New Delhi-110003(STD-011)

EPBAX – Ispat Bhawan- 24300100, 24367481-86

EPBAX – Scope Minar – 22467360, 7384, 7412, 7413, 7418, 7420, 7425

Fax No. : 24367015 (Ispat Bhawan) / 22467458 (Scope Minar)

 

  1. VISA Steel

Headquartered in Kolkata, VISA Steel occupies Fifth place in India. It is a sister concern of giant VISA group. It has three steel production plants. One is in Chattisgarh. Another 2 plants are located Odisha. The company is planning to build more steel plants of 1.25 million in Madhya-Pradesh.It is one of the top 10 steel companies in india.

Head office – Kolkata, West Bengal

Year of Establishment – 2003

Websitehttp://www.visasteel.com/
Founder: VISA group

Company Address:

VISA House, 8/10 Alipore Road, Kolkata 700027, West Bengal

Tel: + 91 33 3011 9000/Fax: + 91 33 3011 9002

 

  1. Bhushan Steel

Founded in 1987, Bhushan Steel is the largest auto-grade steel manufacturer in India. It holds the sixth position in India. They have their steel manufacturing units in three states in India (Maharashtra, UP and Odisha). Headquartered in Delhi, this plant is well equipped with modern machineries, latest technologies and skilled workforce. It has received many corporate giants and industrial groups as their clients.  Maruti, LG Electronics, Godrej, Eicher Tractors, Mahindra & Mahindra, Ashok Leyland, Hitachi ACs are the most significant among them. It always strives for innovative and better products.It is one of the top 10 steel companies in india.

Head office – New Delhi, India

Type – Privately owned

Year of Establishment – 2003

Websitewww.bhushan-group.org
Founder: Bhusan Group

Annual income: US$1.7 billion

Company Address:

VISA House, 8/10 Alipore Road, Kolkata 700027, West Bengal

Tel: + 91 33 3011 9000/Fax: + 91 33 3011 9002

  1. Essar Steel

Essar Steel is a significant player in steel manufacturing industry. Funded by this ESSAR Group Company, Essar Steel occupies seventh position in India. The company has several international centers. They have their manufacturing units in Pune, Visakhapatnam, Paradip, Bailadilla, Dabuna,and Hazira. Besides, it has many operational units in other countries like USA, Canada, and Indonesia.It is one of the top 10 steel companies in india.

Head office – Mumbai, Maharashtra

Year of Establishment – 1998

Websitewww.essar.com

Revenue- ₹153.40 billion (US$2.3 billion)

Founder: Essar Group

Company Address:

Essar

Equinox Business Park (Peninsula Techno Park), Off Bandra Kurla Complex,

LBS Marg, Kurla (West)

Mumbai 400 070

Maharashtra, India

Telephone: +91-22-6733 5000

Fax: +91-22-67082183

  1. The Ferro Alloys Corporation Limited

Headquartered in Nagpur, The Ferro Alloys Corporation Limited is an ISO 9001:2000 certified company. The company was founded in 1955 by Seth Shriman Durgaprasadji Saraf. The company stands eighth in the list of the top 15 steel manufacturing companies. There are over 18000 employees working here. The company has its registered office at Tumsar, Bhandara district, Maharashtra.It is one of the top 10 steel companies in india.

Head office – Nagpur, Maharashtra

Year of Establishment – 1955

Type – Public

Number of Employees – 18,000

Website – www.facorgroup.in

Founder- Seth Shriman Durgaprasadji Saraf

Address:

Shreeram Bhawan, Tumsar – 441 912, Dist. Bhandara, Maharashtra

Phone:232233, 232251, 233090

Fax :91-7183-232271

  1. Mahindra Ugine Steel

Mahindra Ugine Steel is one of leading manufacturing companies specializing in rings, stampings, and steel production. Founded in 1992 Mahindra Ugine Steel is a subsidiary of the Mahindra Group. The company has been conferred with ISO 9001:2000 Certificate in 2002 and in 2005. It has a huge production capacity of 30,000 metric tons. The company has a sound infrastructure that targets minimum power consumption and maximum production.  It has several manufacturing units in MUSCO and India.It is one of the top 10 steel companies in india.

Head office – Mumbai, Maharashtra

Establishment – 1962

Website – www.muscoindia.com

Annual Turnover- ₹1342.91 crore (US$200 million)

Founder- Mahindra Group

  1. Welspun Corp Ltd. WCL

Welspun Corp Ltd is the second largest company for manufacturing large diameter pipe in India. Founded in 1995 by Welspun Group, this steel manufacturing company operates a 1.65 mtpa plant in Anjar, Gujarat. The company is headquartered in Mumbai. Now the plant has increased to 2.1 mtpa. It has a very good approach and culture of ‘Engineering Excellence’.  The company has been awarded ‘The Emerging Company of the Year’ by Economic Times. It secures the 10th position in the list of top 15 steel manufacturers in India.

Head office – Mumbai, Maharashtra

Establishment – 1995

Founder- Welspun Group

Websitewww.welspuncorp.com

Type – Public

Employees – 24,000

Annual Income- ₹66.2671 billion (US$980 million

  1. Ahmedabad Steelcraft Ltd

Ahmedabad Steelcraft Ltd is one of leading steel producing companies in India. It specializes in the manufacturing Door, Ventilator Sections, and Mild Steel Window. It has been producing Ventilator and fabricated frames of Door and Window since 1972. Established in 1972 by Jhaveri& Shah families, this steel plant has huge production capacity. It is a joint venture of Jhaveri & Shah families. The company has its presence in India and aboard. It has many manufacturing units and operational offices in the countries like Canada, South East Asia, UK, Europe, Caribbean countries, Australia, New Zealand, Mauritius, Israel, and Guyana.It is one of the top 10 steel companies in india.

Head office:  Ahmedabad, Gujrat, India

Establishment: 1972

Founder: Jhaveri & Shah families

Annual Income: 1.97312 ( USD in Millions )

Market Cap: 168.795 ( Rs. in Millions )

 Website: www.steelcraft.co.in

Address:

 401, 4th Floor, 637 Complex, Panchvati 2nd Lane, Gulbai TekraA

Hmedabad-380006, Gujarat

  1. Akashna Global Steel Ltd

Founded in 1985, Akashna Global Steel Ltd has become a significant player in Indian steel industry. The company has sound infrastructure for producing high quality oilfield tubular goods. It specializes in personalized logistical support. The company has an income of more than 1.149166 Million (INR) per year.

Head office:  New Delhi, India

Establishment: 1985

Founder: Akashna Global Group

Class: Public Company

Annual Income: 1.149166 Million (INR

Corporate Address:

C-98, Flat No.6,8 – Southern Avenue,Maharani Bagh New Delhi-110065, Delhi

  1. Anil Special Steel Inds. Ltd

Established in 1968, Anil Special Steel Inds. Ltd is a public limited company producing steel products. It specializes in manufacturing of steel strips, cold rolled, spheriodized annealed steel strips, hardened and tempered, and cold rolled strips. It is an ISO 9001:2000 certified company having more than 9 branches across PAN India. The is company is emerging as one of the leading steel producing company in India.It is one of the top 10 steel companies in india.

Establishment: 1968

Head office: Knakpura, Rajasthan

Annual Income: 50.8327 ( USD in Millions )

 Market Cap: 94.35989772 ( Rs. in Millions )

Total Income: Rs. 3149.493433 Million

Net Profit – Rs. 49.090863 Million

 Website: www.anilspecialsteel.com

Corporate Address : Kanakpura ,P O Meenawala, Jaipur-302012, Rajasthan

  1. Ashirwad Steels & Inds. Ltd

Ashirwad Steels & Inds. Ltd is a reputable company specializing in the production of Sponge Iron. The company was established in 1986. Under the leadership of Puranmal Agarwal, the company has bagged many remarkable rewards. It produces different types of steel products like Plain Rounds, Girders, TMT Bars, Flats, Channels, Angles, etc. the company has a total Income of Rs. 179.111864 Million per year. The annual net profit is 3.722874 Million per annum.

Head office: Kolkta, West Bengal

Establishment: 1986

Revenue: 2.80356 ( USD in Millions )

Market Cap : 62.625 ( Rs. in Millions )

Website: www.ashirwadsteels.com

Corporate Address:  6 , Waterloo Street,,5th Floor,Suite No. 506Kolkata-700069, West Bengal

   15.Bajaj Steel Inds. Ltd

Bajaj Steel Inds. Ltd is a reputable steel manufacturing company specializing in manufacturing machines for almost all cotton ginning technologies. Headquartered in 1961 in Nagpur, Maharashtra, the company has been one of the leading manufacturers, exporters and suppliers of various machines and industrial equipments. The company has been enlisted in the list of Bombay Stock Exchange as the only manufacturer of machines for all cotton ginning technologies. It has a significant number of production units in India. The company produces many high quality steel products like Cotton Baling Press, Double Roller, etc.It is one of the top 10 steel companies in india.

Head office: Nagpur, Maharashtra

Founder: Bajaj Group 

Year of Establishment: 1961

Revenue: 74.6733 (USD in Millions)

 Market Cap: 500.08 (Rs. in Millions )

 Website : www.bajajngp.com

Corporate Address:

Imambada Road,Plot No . C – 108 , Hingna M I D C Area,G -108 , Butibor I, M I D C Area Nagpur-440018, Maharashtra

 

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