Top 5 Steel Manufacturing Companies in India and New Players
Nowadays, steel metal has become a necessity. Whether it’s in the construction industry, railways, automotive industry or even in cutlery, steel is one of the widely used metals these days, especially talking about stainless steel.
Every country is totally dependent on the production of stainless steel because of the huge demand. With advanced technology and methods, the production of stainless steel is speedily taking up its pace.
The production and manufacturing of quality stainless steel require years of expertise and craftsmanship, and not every company can deliver the quality to its customers. In India, there are some incredible Steel manufacturing companies who took vows to produce and supply premium quality in steel.
To meet the global consumption, there are some of the top steel manufacturing companies that you must know about. Also, in this blog, we’ll mention the new, leading players in the steel industry that are competing with the top manufacturers these days.
Let’s take a look ahead!
1. Tata Steel
When talking about the top steel manufacturing companies in India, Tata Steel is surely the name on the top of the list. As we all know, Tata Steel is one of the oldest steel manufacturing companies in all over India and has preoccupied a space in the global market over the period of time. Founded in the year 1907 by Dorabji Tata and is currently headquartered in Mumbai. With annual revenue of around $20 billion, Tata Steel is into massive steel production that has a capacity of more than 30 million metric tons in a year. In several ways, with the inception of Tata Steel, it has influenced and uplifted the steel industry market in India. The major reason they are continuously expanding is with the utilization of advanced techniques and machinery in the production of steel.
2. Steel Authority of India Limited (SAIL)
Here comes another major manufacturer of steel in India, SAIL. Originated in the year 1954, Steel Authority of India Limited is yet another oldest Steel Manufacturing Company in Delhi, India.It comes under the category of 100 best steel companies in India, which has an annual turnover of around $7.5 billion and annual production capacity of around 5 million metric tons. SAIL is considered as one of the best brands in the steel industry that has five different steel plants across India. For all walks of life, SAIL stands forth for its customer to provide them with the best and finest quality of steel material. From construction, railways to the automobile industry, Steel Authority of India Limited (SAIL) ensures that every citizen can get access to the finest quality of steel metal.
3. Jindal Steel and Power
Jindal Steel and Power is a private limited steel company, which is among the best steel manufacturing companies. Whenever there’s a news about private steel plants in India, Jindal Steel and Power is always on the top of the list. Founded in the year 1952 by OP Jindal and now its headquarters are located at New Delhi, India. There are various steel plants in India integrated by Jindal Steel and Power which is now led by Naveen Jindal. With more than 3 million metric annual production capacity and an annual turnover of around $3 billion, Jindal Steel and Power company is reaching new heights by expanding their business on foreign lands too.
4. JSW Steel
JSW Steel was founded by the JSW Group in the year 1982, which has its headquarters in Mumbai. One of the best steel brands in India, JSW Steel has a turnover of around $11 billion with prominent visibility in this industry, along with the production capacity of around 15 million metric tons annually. So, whenever there’s a list of stainless steel manufacturer in India, JSW Steel is among the top on it. Moreover, JSW Steel is the largest steel exporter in India because of its high standards and efficiency.
5. VISA Steel
VISA Steel was originated in the year 2003 by Vishambhar Saran and is headquartered in Kolkata currently. One of the top steel manufacturing companies in India, VISA Steel, is among the best ranked because of its years of great service and premium quality in steel. It’s a leading private steel company, which has a turnover of more than $3 billion and with a steel production capacity of over a million metric tons. At affordable prices, the VISA steel company delivers the best quality of steel to its customers. They majorly deal in steel bars and wire rods that’s used in the construction work along with the ferrochrome for making of stainless steel products.
So, these were the top 5 Steel Manufacturing Companies in Delhi and India. Now, coming to the new players in this industry, Maven Stainless Steel is another prominent name to consider.
Maven Stainless Steel in the new player in the steel industry and widely recognized as the manufacturer of stainless steel pipes and tubes. They have a team of experienced and qualified engineers and technical designers who produce the Best Stainless Steel Pipe in India. With Innovation, sustainability, leadership and customer relations, their entire team works on the principle of these four pillars. Maven Stainless Steel deals in welded pipes, welded tubes, seamless pipes, threaded tube, U tubes and slotted/D/Capsule tubes.
To conclude, these are the companies that proved themselves over time and again that your trust on them and their products will always be kept. To get assured of steel quality, these are the Top Steel Manufacturing Companies that you can rely on!
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