List of Top Steel Companies in India: The country has excellent steel manufacturing companies whose products are in high demand and are exported to different parts of the world. These Indian steel manufacturing companies come with great infrastructure, design, and experienced workers who are well trained and experienced in the field of the steel manufacturing process.
Most of the steel products are used in the process of construction, railway and airplane equipment, cars, and other durable items. These companies have well-equipped safety measures that are useful for controlling the temperature in the blast furnaces and provide precautions in the case of an emergency. Most of the steel products are transported to various parts of India with the help of the railway and the road system.
Due to the availability of raw materials and labor, investors find it convenient to set up steel manufacturing units in India. These locations are ideal as the climate is good and remains pleasant throughout, making it suitable for the workers to work in these companies. Apart from that, these steel companies are highly committed to maintaining the highest purity standards and are strictly against adding impurities to their steel products. This makes their products durable, and they last for a long period of time.
Top Iron and Steel Companies in India
Here we will discuss a list of the top 15 steel companies in India that are trending and have been producing world-class steel products since the last decade. The names of the companies along with their description are as follows:
Founded in 1907, this is one of the most reputed steel manufacturing companies in India that have achieved world-class recognition in the manufacturing of top-quality steel products with a profit of Rs 4,011 crore. It is a subsidiary of the TATA group and is constantly focusing on improving its services and innovation in the field of steel manufacturing.
Its headquarters are in New Delhi and have earned a total revenue worth 62,569 crores INR. It is owned by the Ministry of Steel, India, and exports its steel products to foreign countries especially in the field of construction materials.
It has recorded an overall profit of 73,872 crores INR and is owned by the JSW group. It is counted among the second-largest private steel manufacturing company from India.
It is a subsidiary of the Aditya Birla Group and is engaged in manufacturing a copper and aluminum related products. It has earned a total revenue of 1.19 lakh crores INR and has an annual sale of about US$15 billion.
Founded by Om Prakash Jindal, this company has a turnover of approx. 40000 crores. It produces a wide range of ferrochrome, mild steel, sponge iron, and other steel-related products that are used for aircraft and construction purposes.
Tata Steel BSL
It is the largest producer of auto-grade steel in India and has earned a revenue of 17,499.51 crores INR. It mainly focuses on automobile body parts and has earned recognition with its superior quality products in recent years.
It is a public sector undertaking steel and mining company and is approximately 70% owned by the Indian government. It is one of the oldest steel manufacturing companies in India with revenue earning of 11,699.22 crores INR in 2020.
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It is one of the trusted steel manufacturing companies in India that was founded in 1984. It has a yearly net sales turnover of 10128.72 INR and is increasing its steel manufacturing operations in various parts of the world.
They have more than 50 years of experience in the field of steel manufacturing processes and have high safety standards for their workers and employees. The total earnings were marked at Rs 473 crore and the EBITDA margin was at 13.2 percent.
Tata steel long products limited
It is one of the largest steel plants in India whose current market capitalization stands at Rs 3493.9 Cr. It was founded in 1982 and has been providing employment opportunities for people in the area of the steel manufacturing process.
JSW Ispat special
They have two integrated steel plants in Maharashtra and have operations in steel, iron, and ore manufacturing processes. With a gross profit of 7814.00 crores INR, this company consists of more than 3000 working employees who are constantly working hard and innovating in the field of the steel manufacturing process.
It was founded in 1988 and is the flagship company under the DP Jindal group with a profit of 429.73 crores INR in 2020. It produces world-class steel products that are exported to European countries for metro and building construction purposes.
Jindal Stainless (Hisar)
It is a subsidiary of Jindal Stainless Corporate Management Services Pvt. Ltd and first started its operations in the year 2013. It has a melting capacity of 0.8 million tonnes per annum that are required for producing high-class steel materials in bulk quantities with a profit of 301.62 crores INR.
Prakash Industries Limited
It was established in 1980 and has a well-experienced management team in the field of steel manufacturing processes. With an operating profit of 348.85 crores INR, it has established a legacy of world-class steel products that are exported worldwide.
Uttam Galva steel limited
With its headquarters in Mumbai, it is India’s biggest galvanized steel and cold-rolled steel manufacturing company. It has earned a total gross revenue of 490.96 crores INR in 2020 and has well-maintained industrial equipment with the highest safety standards required for steel production and manufacturing.
List of Top 15 Steel Companies in India
|Sl. No.||Company Name||Establishment||Head office||Website|
|6||Tata Steel BSL||1987||New Delhi||https://tatasteelbsl.co.in/|
|8||Jindal Saw||1984||New Delhi||https://www.jindalsaw.com/|
|9||Jindal Stainless||1970||New Delhi||https://www.jindalstainless.com/|
|10||Tata steel long products limited||1982||Keonjhar||https://www.tatasteellp.com/|
|11||JSW Ispat special||1990||Raipur||https://www.aionjsw.in/|
|12||Mah seamless||1988||New Delhi||http://www.jindal.com/|
|13||Jindal Stainless (Hisar)||2013||New Delhi||https://www.jshlstainless.com|
|14||Prakash Industries Limited||1980||New Delhi||https://prakash.com/|
|15||Uttam Galva steel limited||1985||Chennai||http://www.uttamgalva.com/|