Steel is one of the most important alloys in the present era of industrialization and infrastructural development. Steel has a large scale applications in every sector whether its automobile, energy, transport, construction.
The Indian Steel Industry is an important industry for country as it employ more than 6 lakh people and contribute about 2% in the country’s GDP. There are a large number of small and large steel companies operating in the country. To know the top 10 steel companies in India 2016, checkout the list given below:
10. Adhunik Industries Limited
A part of the Adhunik Group, Adhunik Industries Limited is a leading steel manufacturing company in the country. The company operates steel manufacturing facilities in Jharkhand and Odisha and manufactures steel wires, steel bars and steel rods.
9. Jindal Stainless Limited
A part of the O P Jindal Group, Jindal Stainless Limited is number nine in the list of top 10 steel companies in India 2016. Jindal Stainless Limited is an ISO certified company and among the leading stainless steel manufacturers in the world.
Winner of National Energy Conservation Award, Jindal Stainless Limited has an annual production capacity of 18 lakh tonnes. Stainless steel slabs, coils, sheets, blooms and razor blade steel are some of the products of the company.
8. Essar Steel
Established in the year 1998, Essar Steel is a leading steel manufacturing company and operates 8 manufacturing facilities in the country. Steel plates, pipes, beams, hot rolled strips and galvanised steel are some of the products of the company.
7. Technocraft Industries India Limited
Incorporated in 1972, Technocraft Industries India Limited has occupied seventh position in the list of top 10 steel companies in India. Closures, Tower Divisions and Tubes are some of the steel products made by the company.
6. Electrosteel Steels Limited
Electrosteel Steels Limited is a part of Electrosteel Group and engaged in manufacturing of steel products. Steel billets, steel bars, steel pipes and wires are some of the products of the company.
5. Star Ferro and Cement Limited
Star Ferro and Cement Limited is number five in the list of top 10 steel companies in India 2016. The company among the leading manufacturers of steel products and known for making quality steel products, which are used in many sectors.
4. Steel Authority of India Limited (SAIL)
Steel Authority of India Limited (SAIL) is a Maharatna status public sector enterprise and a leading steel maker in the country. Founded in the year 1954, SAIL has 5 integrated steel plants in the country and its products include blooms, bars, slabs, billets, channels, angles, etc.
3. JSW Steel Limited
With an annual production capacity of more than 14 Million Tonnes, JSW Steel Limited is among the top steel companies in the country. Established in 1982, JSW Steel Limited has manufacturing plants in Tamil Nadu, Maharashtra and Karnataka.
2. Rashtriya Ispat Nigam Limited
Founded in the year 1982, Rashtriya Ispat Nigam Limited is number two in the list of top 10 steel companies in India 2016. Winner of Best Enterprise Award, Rashtriya Ispat Nigam Limited also known as Vizag Steel is a Navratna status public sector enterprise that provide steel to sectors like construction, engineering, automobile, etc.
Angles, Billets, Blooms, Rounds, Channels and rods are some of the products of the company.
1. Tata Steel Limited
Tata Steel Limited is the leading steel company in India, which was established in the year 1907. A part of the Tata Group, Tata Steel Limited has operations in more than 25 countries and employ over 80,000 people across the globe.
With an annual production capacity of 30 Million Tonnes of crude steel, Tata Steel Limited is among the top players in steel sector across the globe. Steel manufactured by Tata Steel Limited is used in various sectors like construction, engineering, automotive, agriculture, etc.