Here is the list of top 10 Steel Manufacturing Companies in India:
Established in the year 1907, Tata Steel limited is an Indian multi-national steel manufacturing company headquartered in Mumbai. This company operates in nearly 50 countries, with an annual production capacity of 28 million tones.
Steel Authority of India (SAIL)
Established in the year 1954, it is a fully integrated iron and steel manufacturing company, producing both basic and spread steels for domestic construction, engineering, power, railway, automotive and defense industries and for sales in export markets. It has its headquarters located in New Delhi. It has an annual turnover of Rs. 50,627 Crore.
The Ferro Alloys Corporation Limited.
It was established in 1955 and has its head office in Nagpur. The company belongs to the prestigious Facor Group. It is a leading carbon, alloy, stainless and special steel manufacturing company in Central India with varied and broad product range, having the most modern state of the art steel processing unit and quality assurance technologies.
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Mahindra Ugine Steel
Founded in the year 1962 at Mumbai as a part of Mahindra Group, MUSCO are known for manufacturing of rings, especially steel and stampings. It basically caters to the sectors of railways, engineering and automobiles. The annual steel production capacity of this company is 1.8 lakh tones.
Rashtriya Ispat Nigam Limited
Established in the year 1982, RINL is India’s largest steel manufacturing company with an annual production of more than 3 lakh tones of steel. The headquarters are located in Visakhapatnam. The plant consists of three different mines, a blast furnace grade limestone at Jaggayapeta, a dolomite mine and a manganese mine at Cheepurpalli. It is wholly owned by the government of India.
The company, headquartered in Mumbai, was founded in 1982. Some of the products of this company are Steel wires, Steel rods, Tubes, Constructional components etc. Apart from operating in India, the company is doing brisk business in other countries like Africa and the US. The plant has a combined capacity of more than 14 MTPA.
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It was founded in the year 1987 with its manufacturing plant at Sahibaibad. Headquartered in Delhi, It has its factories at UP, Odisha and Maharashtra which are equipped with modern machineries and skilled workforce. It has India’s prestigious industrial groups as their clients such as LG Electronics, Ashok Leyland, Maruti and many more. It has an annual capacity of more than 2 million tones.
The company was founded in 1988 and has its head office in Mumbai. It is the chief producer of carbon steel and produces nearly 14 million tones of steel every year. It is one of the power houses in steel production worldwide with a capacity of over 14 MTPA.
Welspun Corporation Limited
Established in the year 1995 and headquartered in Mumbai, the Company is a leading producer of steel pipes in the world and owns more than 5 manufacturing units in India. Steel Coils, Steel Strips, Steel Plates are some of the products of this company.
It was established in 2003 and has its head office in Kolkata. This steel company is a Flagship Company of giant VISA group. They are known for manufacturing wire rods and bars. Their two plants are located at Odisha and Chattisgarh. They are in the process of setting up one more steel plant of 1.25 MTPA at Madhya Pradesh.