Top Steel Manufacturing companies in India


1.In the list of top 10 steel companies of India, first place is grab by Rashtriya Ispat Nigam Limited. RINL, also known as Vizag Steel, is a Navratna, Goverment of India undertaking company. Established in the year 1982, RINL is India's largest steel producer with an annual production of more than 3 lakh tonnes of steel. They have state of the art steel producing facility at Visakhapatnam. They were the first Indian steel infrastructure to be certified for ISO 9001:2008 and OHSAS 18001:2007. RINL is among most profitable Government of India enterprise and have won several awards at national and international level.
 
  • Establishment – 1982
  • Headquarters - Visakhapatnam, India
  • Website – www.vizagsteel.com 


  2.Second in the list is Tata Steel. Established in the year 1907, Tata Steel is world's 11th largest and India's second largest steel producer. Headquartered in Mumbai, they have their manufacturing facilities spread in 26 countries. In India, they have largest state of the art manufacturing unit at Jamshedpur.

Formerly been popular and reckoned as the leading Tata Iron and Steel Limited that is TISCO, it is a pioneering and one of the oldest Indian multinational steel making firms having recognition all across the country as well as world. Headquartered in Mumbai, India, it is a well acknowledged subsidiary of Tata Group. Also been renowned as the 11th biggest steel manufacturing firm around the world as per the records of year 2013, it has an annual crude steel capacity of approximate 25.3 million tonnes and known as the second biggest steel firm across the country having an annual production capacity of around 9.7 million tonnes after SAIL. Along with India, it has been operating across around 26 nations including China, Australia, Singapore, Netherlands, United Kingdom, Thailand, and more. Employs around 80,500 people, the largest plant of the company is been situated at Jamshedpur, Jharkhand. Adding to this, in year 2007, the company has acquired UK based steel maker named Corus. In 2014 Fortune Global 500 ranking of the world's largest and renowned corporations, the company has been ranked at 486th position and in accord to Brand Finance, it has been the seventh most valuable and esteemed Indian brand. Incepted and been introduced by well known Jamshedji Tata in year 1907, by the year 1939, it has been operated and known as the biggest steel plant in the British Empire. In year 1951, the company introduced an expansion and modernization program which was later upgraded in year 1958 to about 2 million metric tonnes per annum. By the year 1970, the group has been backed with around 40,000 people with an extended 20,000 in the neighbouring coal mines in Jamshedpur. In year 2005, the name of the company has been changed from TISCO to Tata Steel. Adding to this, the company is been known to serve customers across many verticals including construction, automotive, packaging, consumer goods, aerospace, engineering, lifting, energy, rail, power, excavating, security, shipbuilding, defence and more. It has been acclaimed with many awards and recognitions till date. In year 2015, it has been awarded as World's most ethical company under the metals category by the leading and famous Ethisphere Institute and for the third time, it has received the same award. Also, the major competitors of the group are Jindal Steel and Power, Essar Steel, JSW Steel etc.

 
  • Head Quarter – Mumbai, Maharashtra 
  • Establishment – 1907 
  • Founder - Dorabji Tata
  • Parent Comapny - Tata Group
  • Employees - 80,534
  • Website – www.tatasteel.com 


  3.Third place is acquire by JSW Steel. JSW steel is a subsidiary of JSW Group founded in the year 1982. Today, they are leading private sector steel producing company of nation with installed annual capacity of 14.3 MTPA. They have six steel plants located at Vijayanagar - Karnataka, Salem - Tamil Nadu, and Vasind, Kalmeshwar, Tarapur and Dolvi in Maharashtra. They have been pioneer in innovative products and technology with the help of their in-house ultra modern R&D facility.

It is been acknowledged as one of the country's biggest and esteemed integrated steel manufacturers with an annual capacity of about 18 MTPA. Being reckoned as one of the country's fastest growing and emerging firms across the country, it has a footprint in more than 140 nations. A leading and pioneering Indian steel maker, it has been owned by the famous JSW group that has its base in Mumbai, India. After the merger of reckoned ISPAT Steel, it has become country's second biggest private sector steel firm. At present, its installed capacity is around 18 MTPA. Along with the country, it has presence across United States, Africa and more. Along with this, it has strong foothold across core economic segments including energy, steel, ventures, infrastructure, sports and cement. The history of the group could be traced back to year 1982, when it acquired the known Piramal Steel Limited, and afterwards renamed the same to Jindal Iron and Steel Company, JISCO. The first steel plant has been set up across Vasind near Mumbai in year 1982. Adding to this, it has also formed a joint venture in Georgia for steel plant. Also, it tied up with leading JFE Steel Corp in Japan for manufacturing the top notch and high quality and high grade automotive steel. Moreover, it is known to been acquired mining assets in United States, Republic of Chile and Mozambique. Offering a large array of products, each of its products is of top notch quality and durability. The vast line of products which the company has been providing cover colour coated products, hot rolled product, cold rolled product, TMT bars, galvanised product, wire rods, pre painted galvanized product, special steel products, and electrolytic tinplate.  
  • Head office – Mumbai, Maharashtra 
  • Establishment – 1982 
  • Website – www.jsw.in 


 
4. At fourth place we have places Steel Authority of India Limited.SAIL is a Maharatna company, which is among largest producer of steel in country with an annual turnover of Rs. 50,627 crore. It was founded in the year 1954 with a vision of producing quality steel. They have 9 integrated steel plants spread across at different locations in country. They have nationwide distribution network with 2700+ dealers, 37branch sales offices and 24 departmental warehouses. SAIL manufactures complete range of steel products that includes Cold Rolled Stainless Steel, Hot Rolled Carbon & Stainless Steel , Blooms, Billets, Joists, Narrow Slabs, Channels, Angles etc.  
  • Type - Public
  • Head office – New Delhi, India 
  • Establishment – 1954 
  • Employees - 99360 (2013)
  • Website – www.sail.co.in 
 

5. Fifth place is hold by VISA Steel. This steel company is Flagship Company of giant VISA group. With its corporate office at Kolkata, they have three manufacturing plants, two branch offices and PAN India network of dealers and distributors. Their manufacturing plants are located strategically nearer to raw material producing belt of country. Their two plants are located at Odissha and one at Chattisgarh. They are planning to setup one more steel plant of 1.25 million TPA at Madhya-Pradesh.
  • Type - Private
  • Head office – Kolkata, West Bengal 
  • Establishment – 2003 
  • Website – www.visasteel.com 


    6.Bhushan Steel is placed at sixth position. Bhushan Steel was founded in the year 1987 with its manufacturing plant at Sahibabad. They are India’s 3rd largest secondary steel producer. Headquartered in Delhi, they have their factories at UP, Odisha and Maharashtra which are equipped with modern machineries and skilled workforce. They have strong focus on R&D department and constantly strive for newer and better products. They have India’s prestigious industrial group as their clients such as Maruti, Godrej, LG Electronics, Mahindra & Mahindra, Eicher Tractors, Ashok Leyland, Hitachi ACs and many more.
  • Type - Private
  • Head office – New Delhi, India 
  • Establishment – 1987 
  • Website – www.bhushan-group.org 


 
7.Essar Steel is placed at seventh position. Essar Steel founded in the year 1998, this ESSAR Group Company is leading name in steel industry in India and abroad. They have their steel manufacturing operations in four countries – India, Canada, USA and Indonesia. In India, they have manufacturing factories located at Hazira Bailadilla, Dabuna, , Pune, Paradip and Visakhapatnam. All of their facilities have various quality certifications such as ISO: 9001:2000, OHSAS 18001:1999, ISO 9002, etc.  
  • Type - Public company
  • Head office – Mumbai, Maharashtra 
  • Establishment – 1998 
  • Website – www.essar.com 


  8. Eighth in the list is The Ferro Alloys Corporation Limited. The Ferro Alloys Corporation Limited was established in 1955 and has head office in Nagpur. It is ISO 9001:2000 certified company that works to delivery best in quality steel. Presently company has more than 18000 employees that work passionately for the success of company.  
  • Head office – Nagpur, Maharashtra 
  • Establishment – 1955
  • Type - Public
  • Employees - 18,000
  • Website – www.facorgroup.in 


  9.Mahindra Ugine Steel is a leading steel production company of India. Founded in the year 1962 at Mumbai, MUSCO is a part of Mahindra Group. They are known for manufacturing of rings, specialty steel and stampings. They were the first Indian steel company to get ISO certification. They have been awarded several recognitions and awards by various national and international bodies. They have setup residential colonies for their workers in 41.94 hectares with play area and school facilities.  
  • Corporate office – Mumbai, Maharashtra 
  • Establishment – 1962 
  • Website – www.muscoindia.com 


  10. Last in the list is Welspun Corp Ltd. WCL is leading name in pipe and plates industry with global footprints in countries like UK, Middle East and USA. Headquartered in Mumbai, their plants are located at Gujarat and Karnataka. The company has 24000 working force around the world. Their products have won many prestigious international awards.  
  • Type - Public
  • Employees - 24,000
  • Head office – Mumbai, Maharashtra 
  • Establishment – 1995 
  • Website – www.welspuncorp.com 


11. Ahmedabad Steelcraft Ltd is counted among the famous steel producing companies of India that was started in 1972 and has net profit was Rs. 18.10732 Million  by March 2014.Company has presence including countries like US, Canada, UK, Europe, Australia, New Zealand, South East Asia, Caribbean countries, Mauritius, Israel and Guyana.

Establishment : 1972 | Revenue : 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 TekraAhmedabad-380006, Gujarat



12. Akashna Global Steel Ltd was started in 1985 and has becoming a prominent player of steel industry. Company has annual income of Rs Rs. 1.149166 Million by 2012.

Establishment : 1985 | Revenue : 0.0109825 ( USD in Millions )

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



13. Anil Special Steel Inds. Ltd was started in 1968 and has market capitalization of Rs 94.35989772 Million. Company is ISO 9001:2000 certified and has more than 9 branches across PAN India. Company manufacture products like Cold Rolled and Spheriodized Annealed Steel Strips Hardened and Tempered steel strips.

Establishment : 1968 |Revenue : 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



14. Ashirwad Steels & Inds. Ltd was started in 1986 and has more than 28 years of experience of steel industry. Company was achieved remarkable achievements under the leadership of Puranmal Agarwal. It has Total Income - Rs. 179.111864 Million & Net Profit of Rs. 3.722874 Million

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 is a famous steel manufacturing company that was established in 1961 and has been in the industry from last 50 years. Company launched its IPO in 1985 and has market capitalization of Rs 500 millions. Company has huge production units across India that manufacture high quality steels like Cotton Baling Press, Double Roller

Co.Establishment: 1961 | Revenue: 74.6733 ( USD in Millions ) | Market Cap: 500.08 ( Rs. in Millions ) | Website : www.bajajngp.com

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



16.Banga Laxmi Steel Trading Company Ltd. is a famous steel manufacturing company based out in west bengal. Company was setup in 1973 and has been growing at incredible rate.

Establishment : 1973 | Address : Room No 1, Ground Floor,57 Raja Basant Roy Road, Kolkata-700029, West Bengal



17.Bellary Steels & Alloys Ltd was started in 1984 to high quality produce steel and iron. Company has integrated steel plants with production capacity for more than 500000  TPA to 2 MTPA.Other one is Thermal Power Plant that use coal & furnance oil. This Plant is production capacity of 12 MW and equipped with all safety measures.

Establishment : 1984 | Revenue : 7.87269 ( USD in Millions ) | Market Cap : 1397.03512 ( Rs. in Millions ) | Website: www.bsal.in

Address : S-10/11,Anantapur Road,Bellary-583101, Karnataka



18.Bengal Steel Industries Ltd was started in 1947 and has been producing quality steel from last 60 years. It is ISO-9001-2000 certified company and follows quality guidelines as per ISO standards. It has two production units that are equipped with modern machines and has excellent team of professionals.

Started:1947 | Revenue :0.0944172 ( USD in Millions ) | Market Cap: ( Rs. in Millions ) | Total Income - Rs. 4.827439 Million ( year ending Mar 2012)  | Net Profit - Rs. 7.409549 Million ( year ending Mar 2012)

19. Facor Steel Limited Facor Steel is leading steel and alloy manufacturing company backed by Facor Group. They produce wide variety of products such as Stainless Steel, Alloy Steel, Valve Steel, Free Cutting Steel, Semi Free Cutting Steel, Carbon Steel etc. Their steel products are extensively used by Automobile companies, Construction companies, Sugar Industry, Railway springs, engineering components, Valve industry and tools industry.


    

Akashna Global Steel Ltd – Reckoned to be one of the topmost and leading steel firms of the country, it has been highly dedicated to cater oil as well as gas manufacturers and producers outstanding services, customized logistical support and premier quality oilfield tubular goods. Being a private firm that started its operations in year 1990, from the starting, it has been consistently growing and expanding its reach at an international level and become one of the trustable and reliable service providers worldwide. Known for its unparalleled reputation and acknowledgement for high quality of products, innovation as well as customer service, the company is known to be maintaining key relationships with several other pioneering and reputed steel mills. Strategic connections as well as partnerships with each one of the steel mills assures secure and trustable access to a wide range of good quality seamless OCTG, ERW OCTG and line pipe items. Associated with American, Canadian and even off-shore line pipe manufacturers and OCTG, the company feels pride in its aptitude and capability to respond to user’s diversified needs and requirements and provide the same without any hassle. Simply one call can assure competitively and efficiently priced products, and secure dispatch of the services. At present, it has been backed with about 16 inventory stock points spread all over the world, and each one of them is supported by recognized trucking firms skilled in transportation and delivering 24*7 services. The unique feature of the company is its constant focus on service excellence and operations and high commitment towards its offerings and business.        

    

Bhuwalka Steel – Incepted in year 1981, it is one of the biggest makers of steel rolled products with its manufacturing plants located at Bangalore, Mumbai and Kanchipuram. Backed and operated at the end to end and cutting edge technology, its offered products are licensed and it is renowned as the first company all across South India that has made its products utilizing the same technology that is BSIL Hennigdorfer Stahl Engineering Gmbh, Germany for the making of Thermo mechanically treated stands for TMT reinforcement bars. Its TMT bars helped to bring upon top-notch and world class steel quality to be utilized in the construction and infrastructural development companies all across the region. Adding to this, it has a huge base of reckoned an acknowledged clientele such as Indian railways, L&T, state electricity board, infrastructural institutions and projects. Counted as one of the rapidly growing and emerging groups in steel industry, the wide product range offered covers Angels, TMT bars, Flats, Beams, Rounds, Channels, Square and more. Having a turnover of more than 5500 million, it has its registered and corporate office based in the garden city of India. The prime competence and efficiency of the company lies in the guiding spirit and fulfilling requirements of civil, infrastructure and housing construction sector making and supplying structurals as well as reinforcement bars. The products offered and manufactured are completely as per the Indian standards that are no less than the international ones.     

 

Bihar Sponge Iron Ltd – It is the first merchant sponge iron plant that has been based in the country at Chandil, district Saraikela Kharsawan, Jamshedpur, Jharkhand India. Manufacturing and providing Direct Reduce Iron, also widely and popularly known as sponge iron, it is extensively used as a prime raw material in making steel to be used across induction furnaces, electric arc furnaces, by substituting and providing imported and endemic scrap. Promoted and headed by many leading and reputed firms including Modi group, Bihar state industrial development corporation limited, international finance corporation, German investment and development firm, all in alliance with Lurgi Metallurgy GmbH, Germany, the manufacturing plant is estimated and designed in a way that can produce around 150,000 tons of sponge iron each year. Started and initiated its projects in year 1986, the commercial production has been started in 1989 and at present, it is been an immense giant having turnover of more than 1 billion. With its manufacturing and production capacity of about 2.10 Lakh metric tons per annum, it has been backed with a strong and dedicated workforce of more than 500 employees.

 

Ashirwad Steels & Inds. Ltd It is one of the reputed and leading steel firms known all around the country. Majorly dealing in the manufacturing of high quality sponge iron utilizing coal and iron core as the raw materials, it has two prime manufacturing plants based at Vill and P.O. Veliminedu Mandal Chityal at Nalgonda, Telengana and Adityapur Industrial area Ghamaria Jamshedpur with an annual installed capacity of 60000 M.T. and 30000 M.T. respectively. The product that is produced sponge iron is used as an input by the induction furnaces and steel melting shops to manufacture M.S. billets and M.S. Ingots that are thereafter re-used and re-rolled by the reckoned rolling mills to manufacture high end steel quality products such as TMT rods and bars, angles, plain rounds, channels, flats, girders and much more. Along with this, the firm has two hydrocarbon gas bottling plants among which one is been situated at Raigarh in Chhattisgarh and other one at Uluberia Industrial growth center at Howrah, West Bengal. Known all around for its top notch and superior quality finished products, it is into manufacturing and supplying of finished steel products and LPG gas and bottles hydrocarbon items. It primarily deals in sponge iron plants and gas bottling plants.

 

Anil Special Steel Inds. LtdEstablished and founded way back as a public limited firm in year 1968, at present it is been considered as the pioneer and renowned manufacturer and supplier of cold rolled strips and hardened and tempered steel strips. Being a reckoned and well known ISO 9001 certified company, it has been accredited as per pioneering QSI India. The company installed 4 hi-cold rolling mills in year 1984 and as an outcome of backward integration and to keep up with the pace and ever growing and expanding domestic as well as export markets, it went for two leading and prime expansions including the first one in year 1993-94 for a new and enhanced H&T line that is followed by another expansion in year 1996 with the deployment and installation of an advanced 4 hi-cold rolling mill integrated with automatic gauge controls and mechanism. Having an extensive and wide network of about 9 branch offices spread all across the nation, it has been considered as a pioneer providing a large range of products all across the nation and is also known to be succeeded in carving a niche and name for itself in the industry not only in India but also overseas spanning more than 40 countries worldwide. Moreover, it is known to be equipped with great internal control system assuring superb operational efficacy, protection, safety and conservation of accuracy, resources and promptness in financial reporting complying laws and regulations. Highly dedicated to maintain and sustain internal control systems, the processes and procedures are designed to cater cost effective assurance for effective conduct of business along with considering security of its assets.

 

Akashna Global Steel Ltd It is another reputed and one of the leading steel firms known all across the country. Incorporated in year 1985 as a public listed company, it is registered as per Registrar of Companies and is classified as a nongovernmental organization. Based at New Delhi, India, as per the statistics, its paid up capital is about Rs 32,500,000 and authorized share capital is the same. Being involved in other financial intermediation, its balance sheet has been reported last and filed on 31 March, 2015 as per Ministry of Corporate Affairs. Moreover, it is known to have national as well as international recognition is known to manufacture and supply a large range of products and supplies at decent prices.

Last Updated on 3 October 2016