Top 10 Steel Manufacturing Companies in India
1.Rashtriya Ispat Nigam Limited
Located at a distance of 26 kilometers in the south of Visakhapatnam, the foundation stone of the plant was laid down by Indira Gandhi the then Prime Minister of India in 1971.
The plant consists of three different mines, a blast furnace grade limestone mine at Jaggayapeta, a dolomite mine and a manganese mine at Cheepurupalli. The plant has a capacity of producing 2.656 MT of salable steel. The plant manufactures, export and markets steel products in India.
2.Steel Authiroty of India
SAIL is one of the leading steel making company in the country, abbreviated as Steel Authiroty of India. SAIL manufactures and sells steel products ranging from galvanized sheets, electrical sheets, railway products, plates, bars and rods, stainless steel and hot and cold rolled sheets. SAIL is among the five Maharatnas of the country's Central Public Sector Enterprises. The marketing aspect and business transactions of SAIL is looked after by Central Marketing Organization (CMO) that performs it’s operation through network of 37 Branch Sales Offices spread across the four regions, 25 Departmental Warehouses, 42 Consignment Agents and 27 Customer Contact Offices.
Employing over 80000 people across five continents Tata steel is a fortune 500 company. It was founded in 1907 and at present it is one of the top ten steel companies in the world.TATA steel has its commercial presence in over 50 countries across the globe and has operational activities in 26 countries. For the financial year 2011-12 the turnover of TATA STEEL was calculated at US$ 26.13 billion. From the year 2004 TATA STEEL has started to expand globally by acquiring Asian steel producers NatSteel and Millennium Steel (now called Tata Steel Thailand) as well as Europe’s second largest steel producer Corus (now called Tata Steel Europe Limited) .
4.Visvesvaraya Iron and Steel Plant
Visvesvaraya Iron and Steel Plant is the pioneer in the technology BF-BOF-LRF-VD route which produces special quality of steel and pig iron with excellent quality alloys. It is a unit of SAIL and mainly produces alloy steels and pig iron. It was founded by M Visvesvaraya January 18, 1923 by the name of Mysore iron works but now operates under SAIL. VISL has received the ISO / TS 16949 : 2009 certificate for steel production through rolled and forged routes and pig iron production.
5.Bokaro Steel Plant
Hailed as India’s first swadeshi plant Bokaro steel plant was started originally as a private venture in collaboration of Soviet union. It was later on included under SAIL. It was first included as a subsidiary and then as a unit via the Public Sector Iron & Steel Companies (Restructuring & Miscellaneous Provisions) act 1978. The construction of the plant started on the date April 6, 1968. Bokaro is famous around the world for producing top quality hot rolled product. Other than this the pant also produces flat products like Hot Rolled Coils, Hot Rolled Plates, Hot Rolled Sheets, Cold Rolled Coils, Cold Rolled Sheets, Tin Mill Black Plates (TMBP) and Galvanised Plain and Corrugated (GP/GC) Sheets
The specialty of Bhilai Steels is that it is the only steel plant that produces rails and heavy steel plants and major producer of structural. The plant produces 3.153 MT of saleable steel every year beside these merchant products and wire rods are other products of plant. The plant also has the ISO 9001:2000 certification for quality management standard. It has also been awarded ISo/;14001 for its environment management efficiency. It is the only plant that supplies steel for the rail tracks of the country measuring 260 meters.
Essar steel is one of the powerhouses in steel production worldwide with a capacity of over 14 MTPA. The steel giant is operational across four continents America, Asia, Europe and Africa. Its complex in Gujarat, India is the 4th largest single location flat steel plant in the world. The product range includes Hot Rolled, Cold Rolled, Galvanized, Color Coated steel, and Pipes and Plates. The company produces it’s products under the brand name of Essar Hypermart with per annum capacity of over 5 million tones. The products are distributed via 375 retail outlets across the four continents. The company also holds ISO certifications 9001:2000, 14001, 27001, OHSAS 18001:1999.
8.Jindal Steel and Power Limited
JSPL (Jindal Steel and Power Limited) is a prt of O.P. Jindal group. The company is headed by Mr. Naveen Jindal the youngest son of Lt. Naveen Jindal. The company is one of the bigwigs of the Indian market with a yearly turnover of more than US$ 3.5 billion. The company produced the world’s longest rails measuring 121 metres in India. The company also deals in mining and power generation and infrastructure. The company was rated as the 11th fastest growing n India by Business world. It was also one of the Fab 50 companies by Forbes Asia. Dun & Bradstreet gave 4th ranking to the company in terms of the income in the Iron & Steel sector.
Located in the state of Uttarakhand GUIL is a flagship company of the KVS group. The company is producing steel products at competitive prices for the last 20 years. The company may be in operation for 20 years but the growth has only taken place after 2009 only. This has been possible because of the well qualified and technically sound professionals. The company produces Steel and Alloy Steel Ingots, Steel Billets and all kind & size for re-rolled sections, eg. Flats Angles, Rounds, Squares, Hexagon, Octagons, Rails, Joints, Channels, Steel Strips, Sheets, Plates, Deformed Bars, Plain and Cold Twisted Bars, Bright Bars, Shafting and Steel Structures and all types of Steel items