A developing country like India needs a lot of iron and steel to power its country. Without iron country’s economy cannot grow because iron is needed in every industry.
India has many iron and steel producing companies. They are private sector companies as well as public sector. Some of these companies produce millions of tons steel and iron every year.
We have listed top 10 iron companies operating in India below. Every company in the list is ISO certified company.
1. Steel Authority of India Limited
- Revenue: Revenue is $9208 Millions, Market Cap is Rs 30,0000 Millions, Net Profit is Rs 21700 Million
- Core Business: Steel/Sponge Iron/Pig Iron, Saleable Steel etc
- Business Operations: Steel authority of India was established in 1954 and one of the leading steel making company in India, all of its plants is ISO certified
- Employees: Over 20,000
- Corporate Office: Ispat Bhawan, Lodi Road, New Delhi
- Website: www.sail.co.in
2. Tata Steel Limited
- Revenue: Revenue is $7808 Millions, Market Cap is Rs 38,0000 Millions, Net Profit is Rs 50629 Million
- Core Business: Steel/Sponge Iron/Pig Iron
- Business Operations: Tata steel established in 1907 is world’s second largest diversified steel producer in the world. It is also a fortune 500 company and production capacity of 30 Million Tonnes Per Annum (MTPA)
- Employees: 15,000 to 18,000
- Corporate Office: Bombay House, 24 Homi Mody Street Fort, Mumbai-400001
- Website: www.tatasteel.com
3. Jindal Steel and Power Limited
- Revenue: Revenue is $4008 Millions, Market Cap is Rs 27,4000 Millions, Net Profit is Rs 21700 Million
- Core Business: Universal Plate/Coil, Iron Ore Pellets, Parallel Flange Beam/Columns, MS Round, Wire Rod
- Business Operations: Jindal steel was founded in year 1990 by Jindal Group. JSPL is a leading player when it comes to Steel, Power, Mining, Oil & Gas and Infrastructure
- Employees: 10,000 to 12,000
- Corporate Office: O P Jindal Marg, Hisar-125005, Haryana
- Website: www.jindalsteelpower.com
4. Essar Steel Limited
- Revenue: Revenue is $3008 Millions, Market Cap is Rs 144912 Millions, and Net Profit is Rs 21700 Million
- Core Business: Hot Rolled, Coils, Pipes Misc, Scrap Steel/Sponge, Iron/Pig Iron
- Business Operations: Esser Steel company as incorporated in 1976. Essar steel is a global producer of steel with operations in India, Canada, USA and Asia also
- Employees: 10,000 to 12,000
- Corporate Office: Post Hazira, Surat-394270, Gujarat
- Website: www.essar.com
5. Bhushan Steel Ltd
- Revenue: Revenue is $2208 Millions, Market Cap is Rs 100311 Millions, and Net Profit is Rs 9908 Million
- Core Business: Steel & Iron Products, Hot Rolled Steel Strips/Sheets, Cold Rolled Steel Strips/Sheets, Colour Coated Galvanised Steel
- Business Operations: Bhushan Steel was incorporated in year 1983. It is India’s 3rd largest secondary steel producer company with production capacity of 2 million tons per annum.
- Employees: 12,000 to 14,000
- Corporate Office: Andheri (West) Mumbai-400058, Maharashtra
- Website: www.bhushansteel.com
6. Ispat Industries Ltd
- Revenue: Revenue is $2178 Millions, Market Cap is Rs 25117 Millions, and Net Profit is Rs 3169 Million
- Core Business: sponge iron, hot rolled coils, cold rolled coils, galvanized steel/ coils and colo
- Business Operations: Company was established in year 1984 and largest private sector steel company in India. It has two facilities in Maharashtra.
- Employees: 12,000 to 13,000
- Corporate Office: Prabhadevi, Mumbai-400025, Maharashtra
- Website: www.jswispat.in
7. JSL Ltd
- Revenue: Revenue is $2048 Millions, Market Cap is Rs 7915 Millions, and Net Profit is Rs 8200 Million
- Core Business: Hot Rolled Products, Cold Rolled Products
- Business Operations: Company was founded in year 1984 and it is a part of Jindal Group. The company is largest producer of Submerged Arc Welded pipes in India.
- Employees: 8,000 to 10,000
- Corporate Office: O. P. Jindal Marg, Hisar-125005, Haryana
- Website: www.jindalstainless.com
8. Lloyds Steel Inds. Ltd
- Revenue: Revenue is $1238 Millions, Market Cap is Rs 8000 Millions, and Net Profit is Rs 10 to Rs 12 Million
- Core Business: Steel/Sponge Iron/Pig Iron, Traded Goods, Hot Rolled Coils/Slab, Galvanized Coils/Sheets
- Business Operations: Lloyds Steel was incorporated in year 1970 under Gupta Pipes and Tubes. Company manufactures mainly steel pipes and tubes
- Employees: 5000 to 6000
- Corporate Office: P.d’mello Road, Mumbai-400009, Maharashtra
- Website: www.uttamvalue.com
9. ISMT Ltd
- Revenue: Revenue is $500 Millions, Market Cap is Rs 1703 Millions, and Net Profit is Rs 100 Million
- Core Business: Steel & Iron Products, tube, steel, Scrap etc
- Business Operations: ISMT Ltd was founded in year 1999 and it is largest manufacturer of specialized seamless tubes in Asia
- Employees: 3000 to 4000
- Corporate Office: Lunkad Towers, Viman Nagar, Pune-411014, Maharashtra
- Website: www.ismt.com
10. Monnet Ispat and Energy Ltd
- Revenue: Revenue is $500 Millions, Market Cap is Rs 6246 Millions, and Net Profit is Rs 2500 Million
- Core Business: Steel/Sponge Iron/Pig Iron, Structural Steel
- Business Operations: Monnet Ispat and Energy Ltd was founded in year 1990
- Employees: 2500 to 3000
- Corporate Office: Hasaud, Raipur-492101, Chattisgarh
- Website: www.monnetgroup.com
So these were top 10 iron manufacturing companies in India. To know more about them I recommend you to visit their website and find out more.
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