Steel industries in India are playing a major role in the economic growth of the country. Due to this major involvement in the economic growth, the steel industries show its stronghold in various traditional sectors like transportation, infrastructure and constructions, automobiles, etc. Furthermore the stainless steel, a steel variant, has found its applications in many areas due to its decay resistance property. Currently India is holding the fifth largest position in the globe as a steel producer.

The country has obtained a vital position in the global steel map with its numerous colossal steel mills, constant modernization, up gradation of existing plants and by developing the energy efficiency, etc. Because of the extraordinary performance of this industry, the global steel giants from all over the world have shown their interest in India.

Top Steel Companies in India

Tata Steel – Tata Steel is the single leading and incorporated steel giant in the country in private sector. The company was formerly known as Tata Iron & Steel Company or TISCO. The company produces a wide variety of products which include flat and long steels, ferro alloys, tubes, etc. as well as manages the cargo handling services. The Tata Steel ranks 34the in the global position. The company enjoys the typical competitive advantages with its plant situated in Jamshedpur and captive iron ore mines in the neighborhood.

Steel Authority of India Limited (SAIL) – SAIL is one of the leading public sector companies in India. The Government of India holds about 86% of the company’s equity. It is a fully incorporated iron and steel producer which manufactures both the basic as well as the specific steels for the various areas such as railways, engineering, automotive, defence industries, domestic constructions, etc. and also for the sales in exporting markets. The company has acquired a position among the top ten public sector firms in the country.

Bhushan Power & Steel Limited – The BPSL is a combined unit of the Bhushan Metallics Limited, Decor Steel Limited and Bhushan Industries Limited. The company is one of the leading manufacturers of the diverse types of steel products. It sells its steel products through the huge distribution networks that is spread all over the country and in the world.

Jindal Steel & Power Limited (JSPL) – JSPL, a unit of the Jindal Organization has its business concentration in diverse areas like steel manufacturing, power generation, coal & diamond explorations and iron ore mining. The company’s production capabilities have expanded its services to infrastructure sector, development and growth and in catalyzing economic. JSPL has its integrated steel plant in Raigarh, in Chhattisgarh.

ESSAR Steel – The Company is a unit of the ESSAR group and it mainly focuses in the steel production business. The company was established in 1967 and was primarily engaged in the core activities such as dredging, marine constructions, pipe laying and various other port related works.

Rashtriya Ispat Nigam Limited – It is a corporate body which is popular for the steel manufacturing and for the controlling of three different mines namely Dolomite mine, Blast furnace grade limestone mine and the Manganese mine. The company focuses in producing huge variety of commercial and finished steel.

Some other Companies in the Steel sector

• Ahmedabad Steel Craft
• Ambhe Ferro Metal Processors
• Ambica Steel
• Anchor Engineers’ Files
• Apollo Tubes
• AV Alloys
• Beehive Kowtha Group
• Bengal Industries
• Bhalaria Metal
• Bharat Impex
• Bokaro Steel Plant
• Buyao Info
• Centre for Engineering & Technology
• Chheda Industries
• ColdFab
• Datre
• Deuco, Mumbai
• Devson Steels
• Eastern Steel
• Echjay Forgings
• Essar Steel
• Garg Steel
• Gaysons
• Goodluck Steel Tubes
• Gopal Udyog
• Govind Steel
• Hanuman Metal Industries
• Hisar Metal
• Indian Iron and Steel Company
• Isibars
• Ispat Industries
• Jindal Iron & Steel
• Jindal Steel & Power
• JVP Steel, Ahmedabad
• Kamdhenu Ispat
• Kanoi Group
• Lloyds Steel
• Mahamaya Steel Industries
• Mahavir Steel
• Matrix Steel, Mumbai
• Metalman Industries
• Minex Metallurgical
• Mittal Steel
• MSTC India
• Mukand Group
• Steel Corporation

The consumption of steel has increased in many industries such as construction sectors, transport sector and for diverse industrial applications. It is also used in various engineering fields like petrochemicals, power generation, etc.