In India, the performance of steel industry had shown quite a lot improvement and has grown in much better way over the past few years. The industry of the steel in India has gained more popularity and demand as compared to other Asian countries and is one of the leading yet demanding one in the whole country.
With the high performance and cutting-edge technology, which it has provided so far, the companies in India are known for the great advancements in not only in steel but also in other operational areas.
In India, the development of steel has taken a good place especially due to the increase in the demand for steel products all over the world. Thanks to the improvement in science, there are so many companies in India that are known for operating in different forms such as manufacturing, producing, semi-finished and stainless steels and pig irons on large scale. Let us take a look at some of the popular companies that are known for the steel production in India.
List of Top 10 Steel Companies in India:
1. Rashtriya Ispat Nigam Limited
This company was started in the 1971 and is said to be the organization of the corporate body called Vizag Steel. The company has got three different mines like manganese, dolomite and limestone mine. Vizag Steel is located near Vishakhapatnam, Andhra Pradesh, and has 6.3 Million Tons of steel capacity. It is known for its best infrastructure than other Steel Companies in the country.
It also manufactures other products such as Wire rods, TMT bars, steel rounds, steel squares, steel flats, steel angles and channels.
2. Tata Steel
Tata Steel was founded in the year 1907. It is world’s 2nd biggest steel producer and operates in 26 countries with its presence in more than 50 developed countries, this company is one of the best one to come across and also has other major products range which is popular in the market.
They have customers for construction, automotive, packaging, consumer goods, aerospace, engineering, lifting, energy, rail, power, excavating, security, shipbuilding, defence etc. Tata Steel is global steel providing services based company that has been manufacturing in India.
3. Steel Authority of India
Steel Authority of India is the leading company in steel industry which is also known as the SAIL. It is one of the top public sector based company which is also said to be one of the best steel makers in India.
The Sail has 8 steel plants all over India. The company has been producing both domestic and expert consumptions based and holds the prices of being the topmost yet the best company in the Central Public Sector Enterprises in India.
It is engaged in manufacturing Alloy steel, Railway products, Galvanized steel, Stainless steel, Structurals, Cold and hot coils and rolled sheets. They have different organizations and also have Joint Ventures with NTPC SAIL Power Company Limited, Bokaro JP Cement Ltd, SAIL SCL Limited, SAIL-RITES Bengal Alloy Casting Pvt. Limited, and International Coal Ventures Private Limited etc.
4. Visveswarayya Steels
This is basically the part of the steel authority of India and is into the production of alloy steels and pig iron. Looking at the quality and durability which the company offers, this industry has ended up with a separate entity in the year 1923 and falls under the SAIL.
5. Visa Steel
Visa Steel is the popular steel company in India. Its register office in Bhubaneswar and corporate office in Kolkata and they have many branches all over India. Visa Steel has around 1 .5 million ton integrated special and stainless steel manufacturing plant. Their main products are Metallurgical Coke, Special Steel, and Ferro Chrome.
6. Bhushan Steels
Bhushan Steels is one of the largest steel Producing Company in India. They are into products like Hot Rolled Coil, CRCA, CRFH, Galvanized Coil and Sheet, Galume Coil and Sheet, Color Coated Coils, Color Coated Tiles, High Tensile Steel Strips, Hardened & Tempered Steel Strips, Precision Tubes, HFW/ERW Pipe (API Grade),3LP Coated Pipes,Billets and Sponge Iron. Bhushan Steel has got many Certificates and recognition for its good Quality of work.
7. Bhilai Steels
Bhilai Steels is the 11 times winner of Prime Minister’s Trophy for Best Integrated Steel Plant in the country. It is another well-known steel supplying industry which also deals in importing, exporting and sticking some of the popular steels such as aluminium, Inconel, brass, copper and stainless steel of course. This company is the only producer and supplier of the high class of rails for Indian Railways.
8. Essar Steels Limited
Essar Steels Limited is a part of Essar group and it is the steel industry in India and Abroad.Essar Steels in India its located at Hazira, Pune, Chennai, Indore, Bhuj, the NCR region & Kolkata.The company is globally accepted and is popular in the countries like Vietnam, Indonesia, USA and Canada. It is engaged in producing Hot Briquetted Sponge Iron, Galvanized products, Cold Rolled Products, Iron ore pallets and Hot rolled products.
9. Jindal Steel & Power
Jindal Steel & Power Limited is in the steel industry and is also engaged in other industries such as gas, coal, oil, Steel, mining and many more. It is the world largest rotary kiln-based sponge iron plant. Jindal Steel & Power Limited has the capacity of 3 million tons yearly. They have many products like Sponge Iron, Parallel Flange Beams & Columns, Coils, Angles & Channels, TMT bars, and Wire Rods etc.
10. JSW Steel
JSW Steel is the 35 Years old steel company. It’s into iron, steel, mining, energy and infrastructure industry. They have a total capacity of 18 million tons per annum (MTPA). JSW Steel has its steel plant across 6 locations in South and West India like Karnataka, Tamil Nadu and Maharashtra.
It is India’s largest steel exporter in India and also present in more than 100 countries all over the world. JSW Steel is also Opening new steel plants that will be up to 40 MPTA. They also own a plate and pipe mill in the US, and mining assets in the US, Chile and Mozambique.