List of Top 10 Steel Companies in India

List of Top 10 Steel Companies in India
As per the Ministry of Steel, India is the second-largest crude steel producer

globally, with a capacity of over 138 million tonnes.
According to the Joint Plant Committee, India’s production of total finished steel
grew by 3.7% YoY to 131.6 million tonnes in 2017-18.
India was the 2nd largest Crude Steel producer during CY 2018 and recorded
production of 106.463 million tonnes with the growth of 4.94% over CY 2017,
accounting for 8% of Asian and 6% of World Crude Steel production during CY
2018. The public sector has contributed 20% in 2018-19 in crude steel
production.
List of Top Steel Manufacturers in India

There are 07 Central Public Sector Enterprises (CPSEs) under the
administrative control of Ministry of Steel. Here are the Top steel companies of
India. The Rank list is based on sales in the year 2019.
No Company Name
1 Tata Steel Ltd
2 JSW Steel Ltd
3 Steel Authority of India Ltd
4 Essar Steel India Ltd
5 Jindal Steel & Power Ltd
6 Rashtriya Ispat Nigam Ltd. (RINL)
7 Electrosteel Steel Ltd.
8 Jindal Stainless Ltd

9 Jindal Stainless (Hisar) Ltd
1. Tata Steel Ltd

Tata Steel was established in India as Asia’s first integrated private steel
company in 1907 Owned by Tata Group. The company’s crude steel capacity
across Indian operations is nearly 19 MnTPA. Tata Steel is the second-largest
steel producer in Europe with a crude steel production capacity of over 12.1
MnTPA. It is the Largest steel companies of India
 Total Sales: Rs 1,60,769 Cr.

 Total Capacity: 34 MnTPA .
 Capacity in India: 19.4 MnTPA
 Capacity Overseas: 14.6 MnTPA
Tata Steel acquired Bhushan Steel Limited in the year 18-19. Tata Steel group
acquired the steel business of Usha Martin Limited through one of its
subsidiaries. The company is biggest in the list of top 10 steel companies in
India.
Tata Steel has manufacturing units at Jamshedpur, Jharkhand and Kalinganagar,

Odisha with production capacities of 10 MnTPA and 3 MnTPA, respectively. In
Financial Year 2018-19, the Company initiated a 5 MnTPA expansion project
at Kalinganagar to enhance its cumulative capacity to 8 MnTPA.
2. JSW Steel Ltd

JSW Steel is a flagship company of the JSW Group and the second-largest steel
companies of India. The Company has a steel making capacity of 18
MnTPA . Ranked 7 th amongst Top 34 World Class Steelmakers by World
Steel Dynamics. It has a large scale presence in both India and international.
Starting with a single plant in 1982, now JSW Steel is India’s leading
manufacturer of value-added and high-grade steel products. The Company
has plants in Karnataka, Tamil Nadu, and Maharashtra.
 Total Sales: Rs 84,050 Cr.

JSW Steel Coated Products Limited is India’s leading manufacturer and exporter
of coated steel with a capacity of 1.8 MTPA. A 100% subsidiary of its parent
company JSW Steel Ltd. The Company is second in the list of top 10 steel
companies in India based on the turnover.
3. Steel Authority of India Ltd

Steel Authority of India Limited (SAIL) is a Government steel-making company
in India and one of the seven Maharatna’s of the country’s Central Public Sector
Enterprises. It is the Top Government steel companies in India. The company is
third in the list of top 10 steel companies in India based on the revenue.

SAIL produces iron and steel at five integrated plants and three special steel
plants, located principally in the eastern and central regions of India and
situated close to domestic sources of raw materials.
SAIL manufactures and sells a broad range of steel products and it is one the
best steel company in India.
4. Essar Steel India Ltd

Essar Steel is known for its high quality of flat steel products. The company
focuses on high value-added grade steels and has developed over 300 grades of
flat steel for different applications. Essar Steel is a 10 MTPA integrated steel
producer.
It caters to a wide section of industry segments that include auto, shipbuilding,

white and yellow goods, general engineering, power plants, hydrocarbon
industry, pipe making, defense among others. The company is fourth in the list
of top 10 steel companies in India based on the total sales.
Essar Steel lays great emphasis on sustainability and is aligned with the World
Steel Association’s (WSA) sustainability indicators. The company is a climate
action member and signatory to the Sustainability Charter, WSA and has been
recognized for Safety & Health Excellence thrice over the last five years from the
Association.
Essar has attained the benchmark of being a zero-waste company by engaging

in activities like efficient rainwater harvesting and controlled water usage, better
slag, and effluent gas management.
5. Jindal Steel & Power Ltd

JSPL Jindal Steel & Power Limited, a part of the USD 22 billion diversified O.
P. Jindal Group, is a leading Indian Steel manufacturer and Power producer. The
company is fifth in the list of top 10 steel companies in India based on turnover.
JSPL’s business operations span across the states of Chhattisgarh, Odisha, and
Jharkhand in India, where it operates some of India’s most advanced steel
manufacturing and power generation capacities of a global scale.
JSPL has created cutting-edge capacities to produce upto 9.95 Million Tonne Per
Annum (MTPA) Iron catering to its 11.6 MTPA Liquid Steelmaking capacities
across three locations in India and abroad. JSPL is one of the best steel company
in India.

 Capacity in India: 8.6 MnTPA .
 Capacity in Oman: 2.4 MnTPA .
The company has a well-spread out installed finished steel capacity of 6.55 MTPA
prudently spread over Bar Mills, Plate Mills, Rail and Universal Beam Mill (RUBM),
Medium & Light Structural Mill (MLSM), and Wire Rod Mill.
JSPL’s captive iron ore mines at Tensa, Odisha have a production capacity of 3.11
MTPA. The company owns and operates combined power generation capacities
of 5034 MW including the 3400 MW O.P. Jindal Super Thermal Power complex at
Tamnar, Chhattisgarh.
6. Rashtriya Ispat Nigam Ltd. (RINL)

Visakhapatnam Steel Plant (VSP) is a 7.3 MTPA plant. It was commissioned in
1992 with a capacity of 3.0 MTPA of liquid steel. The company subsequently
completed its capacity expansion to 6.3 MTPA in April 2015 and to 7.3 MTPA in
December 2017. RINL is one of the major players in the country for Long
Products.
The Company is having one subsidiary, viz. Eastern Investment Limited (EIL) with
51% shareholding, which in turn is having two subsidiaries, viz. M/s Orissa
Mineral Development Company Ltd (OMDC) and M/s Bisra Stone Lime Company
Ltd (BSLC). The Company has a partnership in RINMOIL Ferro Alloys Private
Limited and International Coal Ventures Limited in the form of Joint Ventures
with 50% and 26.49 % shareholding respectively.
 Total Sales: Rs.20844 crore

 Total Capacity: 7.3 MnTPA .
RINL, with an exclusive product mix of longs, is the largest producer of “Bars and
Rods” in the country with a market share of 9.5% in 2018-19 (Source: JPC) and
has recorded an annual turnover of Rs.20,844 crore (Prov.) in 2018-19. The
company is the sixth-largest in the list of top 10 steel manufacturing
companies in India based on the capacity.
The products of RINL include Rebars, Wire Rods, Rounds, Structurals, Blooms &
Billets, and Pig Iron and the company also markets the resultant by-products like
coal chemicals (Ammonium Sulphate, Benzol products, etc.) and Slag. RINL
products are known for their quality.
7. Electrosteel Steel Ltd.

As the pioneer of introducing Ductile Iron Pipes in India, the Electrosteel Group
has established itself as an international brand that values commitment to
excellence. Electrosteel Steel is one of the best steel manufacturing companies
in India.
With five decades of experience, Electrosteel Castings has been fulfilling its
vision of ‘Carrying life to people, safe drinking water for all.’
 Total Capacity: 7.3 MnTPA
Being the country’s leading pipeline solutions provider, Electrosteel has been
providing clean drinking water to millions – a promise of quality that has led it to
achieve international benchmarks and recognized worldwide as a global leader
that understands the priorities of the customer across 35 countries. The
company is seventh largest in the list of top 10 steel companies in India.
9. Jindal Stainless Ltd

Jindal Stainless Limited (JSL) is one of the largest integrated manufacturers of
stainless steel in India. The Odisha plant has world-class technology and
equipment sourced from Siemens VAI, SMS Siemag and Andritz Sundwig and the
complex, equipped with a Ferro Alloys set up and captive power generation unit,
the plant is capable of producing a unique and wide range of products both in
terms of grades and dimensions.

Hot Rolled Plates and Coils of 1650mm width and minimum thickness of 2mm in
all grades of stainless steel can be produced as per the customer’s demand.
Also, Cold Rolled Coils of a minimum thickness of 0.3mm with a maximum width
of 1650mm can be achieved based on customers’ needs. The company is ninth-
largest in the list of top 10 steel manufacturing companies in India based on the
capacity
10. Jindal Stainless (Hisar) Ltd

Jindal Stainless (Hisar) Limited (JSHL) has a fully integrated stainless steel plant
with a capacity of 0.8 MTPA. It is also the world’s largest producer of stainless
steel strips for razor blades and India’s largest producer of coin blanks, serving
the needs of India and international mints.
The JSHL plant works on the strategy of both backward and forward integration,
starting from melting, casting, hot rolling to cold rolling, and other value
additions. The is the 10th largest in the list of top 10 steel companies in India
based on turnover.
JSHL’s specialty product division caters to the high-end precision and specialty
stainless steel requirements of reputed Indian and International customers. The
product range includes Slabs & Blooms, Hot Rolled Coils, Strips, Plates, Coin
Blanks, Precision Strips, and Cold Rolled Coils.

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List of Top 10 Steel Companies in India

As per the Ministry of Steel, India is the second-largest crude steel producer

List of Top Steel Manufacturers in India

1 Tata Steel Ltd

2 JSW Steel Ltd

3 Steel Authority of India Ltd

4 Essar Steel India Ltd

5 Jindal Steel & Power Ltd

6 Rashtriya Ispat Nigam Ltd. (RINL)

7 Electrosteel Steel Ltd.

8 Jindal Stainless Ltd

1. Tata Steel Ltd

 Total Sales: Rs 1,60,769 Cr.

Tata Steel has manufacturing units at Jamshedpur, Jharkhand and Kalinganagar,

2. JSW Steel Ltd

 Total Sales: Rs 84,050 Cr.

3. Steel Authority of India Ltd

 Total Sales: Rs 57,496 Cr.

4. Essar Steel India Ltd

It caters to a wide section of industry segments that include auto, shipbuilding,

 Total Capacity: 10 MnTPA .

Essar has attained the benchmark of being a zero-waste company by engaging

5. Jindal Steel & Power Ltd

 Total Sales: Rs 39,652 Cr.

6. Rashtriya Ispat Nigam Ltd. (RINL)

 Total Sales: Rs.20844 crore

7. Electrosteel Steel Ltd.

 Total Capacity: 7.3 MnTPA

9. Jindal Stainless Ltd

 Total Capacity: 0.8 MnTPA

10. Jindal Stainless (Hisar) Ltd

 Total Capacity: 0.7 MnTPA

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