Top 10 Steel Companies in India: Steel is an important element of our lives, and it is used in a wide range of goods, from everyday items to specialty items. Steel production is a difficult job that needs a large amount of equipment, labor, money, and other resources. India has a substantial proportion of steel-producing industries, which together make the nation the world’s second-largest steel manufacturer, behind only China. List of Top 10 Steel Manufacturing Companies in India 2021 is an index of the leading companies in India that are engaged in steel manufacturing.
List of Top 10 Steel Manufacturing Companies in India
1. SAIL
Steel Authority of India Limited (SAIL) Steel Authority of India Limited, or SAIL, is India’s biggest steel manufacturer and the globe’s 20th biggest steel manufacturer. It is operated and administered by the Indian government’s Ministry of Steel and produces 16.30 million metric tonnes per year. SAIL is also one of India’s most rapidly expanding public sector enterprises.
- Soma Mondal is the company’s CEO.
- New Delhi, India is the head office.
- In 1954, the company was founded.
2. Tata Steel Limited
It is a part of the Tata Group, and it is India’s second-biggest steel business following SAIL, with a yearly output of 13 million tonnes. Tata Steel, earlier called Tata Iron and Steel Company Limited (TISCO), is one of the globe’s largest steel producers, with a yearly unrefined steel capacity of 34 million metric tonnes.
- Jamsetji Tata is the founder of the company.
- In 1907, the company was established.
- Mumbai, Maharashtra is the headquarters.
3. Jindal Steel & Power Limited is a Steel and Power Company Based in India
After SAIL and Tata Steel, Jindal Steel and Power Limited (JSPL) is India’s third-biggest steel manufacturer having its place in the list of top 10 steel manufacturing companies in India. It is also a significant sector in the fields of steel, electricity, minerals, oil & gas, and architecture, in addition to steel. The company produces and exports sponge iron, thin steel sheets, structural steel plates and spirals, and other products.
- Jindal Group is the parent company.
- Om Prakash Jindal is the founder of the company.
- In 1979, the company was established.
- New Delhi, India is the head office.
4. Rashtriya Ispat Nigam Limited is a Public Limited Company Based in India
The Ministry of Steel owns Rashtriya Ispat Nigam Limited (RINL), which is a government steel manufacturer in India. The government of India designated the business as a Navratna company in November 2010. In Visakhapatnam, the firm runs a steel factory with a capacity of 7.3 million tonnes per year. Vizag Steel is another common name for the company.
- Visakhapatnam, India is the company’s headquarters.
- In 1982, the company was founded.
5. JSW Steel Limited
JSW Steel Limited, formerly known as Jindal Iron and Steel Company (JISCO), is among the list of top 10 steel manufacturing companies in India and extremely fast-growing businesses. Since uniting with ISPAT Steel, the business now trades in over 140 countries. JSW Steel has established a cooperative partnership to build a steel factory in Georgia, as well as a partnership with JFE Steel Corp. of Japan to produce high-grade automobile steel. It has also purchased mining properties in Chile, the United States, and Mozambique.
- JSW Group is a holding organization.
- Sajjan Jindal is the founder of the company.
- In 1982, the corporation was established.
- Mumbai, Maharashtra is the head office.
6. Essar Steel India Limited
Essar Steel India Private Limited (EstIL) is a completely functional flat carbon steel producer in India. It has grown to become one of India’s finest steel manufacturers, with steel facilities in Minnesota, Vietnam, Indonesia, and Trinidad & Tobago while being in the list of top 10 steel manufacturing companies in India. Aside from steel, the business also possesses ore processing, pellet production, and iron production plants. Essar Steel is now controlled and managed by ArcelorMittal Nippon Steel India Limited, which is led by Mr. Aditya Mittal.
- Shashi and Ravi Ruia founded the company (Ruia Brothers)
- In 1976, the company was founded.
- Mumbai, Maharashtra is the headquarters.
7. Steel VISA
Visa Steel Limited (VSL) is a unique and stainless steel production business based in Jajpur, Odisha’sKalinganagar commercial zone. It’s among the list of top 10 steel manufacturing companies in India, with a 1.5 million ton consolidated specialized and alloy steels production facility. Visa Industries Limited had been the corporation’s initial name, however, it was subsequently renamed Visa Steel Limited.
- Vishambhar Saran is the company’s founder.
- In 1996, the company was established.
- Kolkata, West Bengal is the headquarters.
8. ISPAT Limited and Godawari Power
IspatGodawari Limited (IGL) is a significant manufacturer of mild steel wire. Godawari Power &Ispat Limited (GPIL) is a leading manufacturer of weak steel cables. Corrugated iron, casings, magnetic metals, wire rods, gaseous oxygen, copper slag brick, and planks are among the other products produced. It was founded in the year 1999 as a public company.
- HIRA Group is the parent company.
- Dinesh Aggarwal is the Executive Director.
- Raipur, Chhattisgarh is the headquarters.
- In 1999, the company was established.
9. Uttam Galva Steels
Uttam Galva Steels Limited is one of Western India’s biggest producers of cold-rolled steel (CR) and galvanized steel (GP). Cold rolled steel, galvanized steel, and color-coated goods are among the company’s main products. Uttam Galva Metallics Limited and Uttam Value Steels Limited, both located in Wardha, Maharashtra, are subsidiaries of the business.
- RajendraMiglani is the founder of the company.
- In 1985, the company was founded.
- Nagpur, Maharashtra is the headquarters.
10. Mideast Integrated Steel Limited
Among the list of top 10 steel manufacturers in India, Mideast Integrated Steel Limited (MISL) is an Odisha-based subsidiary of the MESCO STEEL GROUP was founded in 1992. The business has technological cooperation with CMIEC, now renamed as Sino Steel, in China, as well as a marketing and finance strategic relationship with Stemcor in the United Kingdom.
- MESCO Group of Industries is the holding organization.
- In 1992, the company was established.
- J K Singh is the chairman.