India is the home to the largest steel industries. The country is home to more than 100 steel companies. Aided by economic resurgence, the steel industry of India keeps on growing in size every year. Studies have found that India’s steel production capacity is the third-largest in the world. On an annual scale, the steel industry of India witnesses a 7 % increase every year. The steel companies of India produce around 100 metric tons of finished steel and alloy steel. Steel manufacturers in India are responsible for the production OF Iron, Steel, and Iron Ore.
How did we evaluate the list of Best Steel Suppliers in India?
When we seek out top steel suppliers, we rely on a variety of sources to ensure quality, reliability, and adherence to industry standards:
- Steel Trade Shows and Expos: We explore innovations and build relationships with suppliers.
- Online Supplier Platforms: We identify reputable suppliers and review offerings.
- Industry Publications and Journals: We stay updated on market trends and leading suppliers.
- Certification Bodies: We verify compliance with industry standards and regulations.
- Supplier Websites and Social Media: We gather insights into product range and customer satisfaction.
The Indian steel industry is ranked as the second-largest in the world. The country exports around 50% of the steel produced in the global market. The steel export business of India contributes 30% to the country’s economy. Right from steel utensils to automobile parts, the steel industries of India is known to manufacture a wide range of products. Odisha, with a producing capital of 18 million tonnes per year the largest producer of steel in India The Majority of the steel companies of India fall under the Steel Authority of India are accounted for as public sector companies. Below is a list of the major stainless steel suppliers in India.
1. Tata steel
When it comes to the steel industries of India, Tata Steel-TISCO tops the list. The company is one of the oldest steel manufacturing firms in the country. Founded in 1907 by Dorabji Tata and headquartered in Mumbai, the company is the largest in India. Tata steel every year generates a revenue of around $20billion. Annually the company produces about 30 million metric tons of steel.
Products
- Automotive steel
- Galvano
- Tata Agrico
- Tata Astrum
- Tata Bearings
- Tata Pipes
- Tata precision tubs
- Tata Shaklee
- Tata stellium
- Alloys
- Bearings
Location: Bombay House, 24, Homi Mody Street, Fort, Mumbai Maharashtra 400001
2. JSW Steel
JSW steel, a subsidiary of the JSW group, is the second-largest steel producing company of India. Established in 1982, the company is headquartered in Mumbai. JSW steel has six individual steel plants in India, which have a production capacity of 15 million metric tons annually. The company has an annual turnover of $11 billion. JSW plant in Vijaynagar has the highest steel productivity in India. JSW steels are known for selling sponge iron and are counted amongst India’s fastest growing conglomerate.
Products
- Steel
- Iron
- Sponge Iron
- Energy
- Cement
Location: JSW Centre Bandra Kurla Complex, Near MMRDA Grounds, Bandra East, Mumbai – 400 051
3. SAIL
Steel Authority of India Limited is listed amongst the top steel industries of India. Formed in 1954 in New Delhi, the company has earned the reputation of being accounted for in the leading steel manufacturing Indian firms list. The company has an annual turnover f $7.5 billion and generates a revenue of $7.7 billion. SAIL has five integrated steel firms with a yearly production capacity of 5 million metric tons of steel. The government of India controls 75 % of the company’s equity.
Products
- Steel
- Rails
- Parallel Flange beams
- Structurals
Location: Steel Authority of India, Ispat Bhawan, Lodi Road, New Delhi-110 003
4. Rashtriya Ispat Nigam Limited
Rashtriya Ispat Nigam Limited is popularly known as Vizag steel is a government undertaken steel manufacturing company. Headquartered in Vishakapatnam, the company was founded in 1982. Vizag Steel has an annual turnover of $2 billion, and SAIL industries established it. The company is ranked amongst the most profitable ventures of the government and is also listed in India’s leading steel suppliers. Vizag steel is the three largest steel-producing companies in India.
Products
- Rolled rebars
- Wired Rods
- Forged rounds
- Structurals
- Benzol
- Coal tar
- Ammonium sulfate
- Phenol
- Naptha
Location: Rashtriya Ispat Nigam Limited, Visakhapatnam Steel Plant, Project Office Complex, Visakhapatnam – 530 031
5. Visa Steel
Established in 2003 and headquartered in Kolkata, Visa steel is among the top steel suppliers in India. The company has three steel manufacturing plants in India, which have a production capacity of 1 million tonnes of steel annually. Every year the company generates a turnover of $3 billion. Visa groups own the company. Visa steel is a leading player in the manufacture of special steel and various sizes of bars and rods.
Products
- Special steel
- Ferro Chrome
- Steel Bars
- Wire rods
- Wire rod coils
Location: VISA House, 8/10 Alipore Road, Kolkata – 700027
6. ESSAR steel
ESSAR steel is listed as a leading private steel manufacturing company in India. Headquartered in India and established in 2003, the company with time has established its identity in the global market as the leading steel brand of India. The company has an annual turnover of $2 billion and generates a revenue of $1.7 billion. ESSAR steel plant annually produces 5 million metric tons of steel. The company is famous for being the leading flat carbon steel manufacturer.
Products
- Flat carbon steel
- Alloys
- Structurals
- Essar Oils
- Energy
Location: Bhushan Center, Bhushan Steel Limited, Bhikaji Kama Place, M G Marg, New Delhi – 110066
7. Bhushan Steel
Bhushan Steel is amongst the ten best stainless steel suppliers of India. The company headquartered in New Delhi was established in 2003. Bhushan Steel has an annual production fo 5 million metric tons of steel. The company, with its three manufacturing, generates a yearly turnover of $2 billion. Bhushan steelworks, with the mission of establishing, is identified as the steel industry leader in the global market.
Products
- Galvanized coil
- Steel
- GI pipes
- GP sheets
- DRI billets
- CR coils
- Precision tubes
- Tor steel
- Carbon wire
- Alloy steel wire rods
Location: Bhushan Center, Bhushan Steel Limited, Bhikaji Kama Place, M G Marg, New Delhi – 110066
8. Jindal Steel and Power
Jindal steels are accounted as a leading name in the steel manufacturers of India. Established in 1952 by O, P Jindal, the company’s headquarters in New Delhi has come a long way over the years. The company generates a yearly turnover of $3billion, and its steel plants have a production capacity of three million metric tons of steel. Jindal steels are considered as the rival of TATA steels and are famous for its manufacture of sponge steel.
Products
- Rails
- Parallel Flange Beams and columns
- Plates and coils
- Angles and Channels
- Wire Rods
- Fabricated speed floor
Location: Jindal Centre, 12, Bhikaiji Cama Place, New Delhi – 110 066
9. ESL Steel Limited
ESL Steel is one of the leading suppliers of Steel in India. Starting from scratch, the company has come a long way far with success in its field. ESL Steel looks forward to achieving world-class standards for the manufacturing and supplying of Steel in the domestic as well as Global Market. It has a 1.5 million tonnes per annum (MTPA) greenfield integrated steel plant that produces pig iron, billets, TMT bars, wire rods, and ductile iron pipes.
Products
- TMT Bars
- DI Pipes
- Wire Rods
- Billets
- Pig Iron
Location – ESL Steel Limited
(Formerly known as Electrosteel Steels Limited)
Lohanchal Colony,
Plot No. 10, Beside Sector 12,
Bokaro Steel City – 827013
Check http://blog.exportsconnect.com/top-7-stainless-steel-manufacturers-of-india/ to get a list of all stainless steel manufacturers In India
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