Top Steel Companies in India by Capacity in 2021.

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Steel is such a powerful element, coming in several distinct grades and holding unique chemical compositions. So, if you are here wondering what type of steel to buy for your particular needs, you must understand the chemical structure of the physical steel properties, which are broken down into four foundational types.

Types of steel

  1. Carbon steel
    • there are three subtypes: low, medium, and high carbon steel.
    •  low containing about .30% of carbon, medium .60%, and high 1.5%.
    • used to make things like knives, high-tension wires, automotive parts,
  2. Alloy steel
    • Alloy steel, which is a mixture of several different metals, like nickel, copper, and aluminum.
    • This is a cheaper side, more resistant to corrosion, and are favored for some car parts, pipelines, ship hulls, and mechanical projects.
  3. Tool steel
    • Tool steel is famous for being hard and both heat and scrape resistant.
    • they are very commonly used to make metal tools, like hammers
  4. Stainless steel
    • This type is shiny and generally has around 10 to 20% chromium, which is their main alloying element.
    • It allows the steel to be resistant to corrosion and very easily molded into varying shapes. Because of their easy manipulation, flexibility, and quality, stainless steel can be found in surgical equipment, home applications, silverware.

Steel property

  • Strength.
  • Toughness.
  • Ductility.
  • Weldability.
  • Durability.
  • Total Production of Finished Steel April 2020-March 2021 (‘000T): 13318
    • Private Sector (‘000T) : 10970
    • Public Sector (‘000T) : 2348

Here we discuss the top Steel companies in India by capacity, the list is given below.

7. UTTAM GALVA STEEL LTD.

Uttam Galva Steels Limited is one of the largest manufacturers of cold-rolled steel (“CR”) and galvanized steel (GP) in Western India. More than 50% of the Company’s products are currently exported to 132 countries worldwide and it has a customer base in many advanced markets such as Australia, France, Germany, Greece, UK, and the USA to name a few.

In the Indian market, the Company has established itself as a major player in the supply of CRCA to manufacturers of automobiles, white goods, general engineering, and drums & barrels segment. The Company is also a large supplier of galvanized coils and sheets to the construction industry.

UTTAM GALVA MANUFACTURING PLANTS AND CAPACITY

Uttam Galva manufacturing facilities are located at Khopoli, in the state of Maharashtra, India, which is close to Nhava Sheva and Mumbai ports. It is into the business of procuring hot rolled steel (“HR”) and processing it into CR and further into GP and Colour Coated Coils. In Galvanized coils, it specializes in making ultra-thin sheets, which could be as low as 0.13mm thickness. 

It has expanded and modernized its operations at Khopoli which has increased its cold rolling capacity to 1million MT per annum as of March 2010. 

UTTAM GALVA DETAILS

  • NSE: UTTAMSTL
  • BSE: 513216
  • INDUSTRY: IRON & STEEL PRODUCTS
  • MARKET CAP: 10,100.47 LAKHS
  • FACE VALUE: ₹10
  • SALES: 521 CRORES
  • Operating Profit: -46
  • OPM %: -9%
  • Profit before tax: -1,418
  • Net Profit: -1,414

6. Prakash Industries Limited 

Prakash Industries Limited (PIL) focused vision to become an Integrated Steel & Power company. PIL has spread its wings all across the geographical borders of India.  PIL is involved in the business are MINING, STEEL, POWER, AND WIND POWER.

In Iron mining ore is a major raw material required in the production of Steel Products. PIL is procuring iron ore from private mines operating in the state of Odisha, and achieve backward integration, reduce operating costs, and ensure uninterrupted access to iron ore, PIL has commenced the extraction of Iron ore from Sirkaguttu Mine in the Keonjhar district of Odisha. The mine has been allotted for a period of 50 years. In Coal mining, the PIL is meeting its coal requirement largely through Long Term Coal Linkages from SECL (a subsidiary of Coal India Limited).

PIL is producing high-quality Steel Billets /Blooms in the Steel Melting Shop. The prime raw materials used are Sponge Iron, Pig Iron, and MS scrap, out of which the majority is the Sponge Iron being sourced from the Sponge Iron Kilns of the company. Wind Energy conversion is also a proven technology and has reached a level of sophistication and atomization. Prakash Industries Ltd. has set up Wind Power Generating Farms at Muppandal in the state of Tamilnadu.

PIL Manufacturing plant and capacity

PIL  has set up a state-of-the-art technology integrated steel plant at Champa in the state of Chhattisgarh. This specially designed plant makes use of sponge iron kilns running on SL/RN technology from Lurgi, Germany, the only renowned technology in coal-based Sponge Iron manufacturing across the world. The Sponge Iron manufactured in the Kilns is used in-house in the Steel Melting Shop of the company and results in high-quality Billets and Blooms. 

Our Steel Melting Shop has the capacity to manufacture 1.25 million tonnes per annum of Billets and Blooms through the Induction Furnace route.

PIL DETAILS

  • NSE: PRAKASH
  • BSE: 506022
  • INDUSTRY: STEEL
  • MARKET CAP: 1,28,085.84 LAKHS
  • FACE VALUE: ₹10
  • P/E RATIO: 21.6
  • ROCE: 6.18%
  • ROE: 4.20%
  • SALES: 2,974 CRORES
  • Operating Profit: 326
  • OPM %: 11%
  • Profit before tax: 118 CROES
  • Net Profit: 118 CRORES

PIL SAHREHOLDERS PATTERN:

  • PROMOTERS GROUP: 42.05
  • PUBLIC: 57.95
  • TOTAL: 100

5. National Mineral Development Corporation (NMDC)

NMDC Limited, is an Indian public sector mineral producer, under the Ministry of Steel, Govt. of India is the single largest producer of iron ore in India owns and operates highly merchandized iron ore mines in CG & Karnataka. NMDC is considered to be one of the low-cost producers of iron ore in the world. It also operates the only merchandized diamond mine in India at Panna, MP. The company is diversifying into steel making and has undertaken several capital-intensive projects to modernize and increase capacities to retain its domestic leadership.

NMDC is engaged in the mining of iron ore which is crucial for the steel industry. NMDC produces around 35.57 million tonnes per annum of iron ore from three mechanized mining complexes, two in Chhattisgarh and one in Karnataka which supply ore in the form of lumps and fines for production to various steel industries using blast furnace / DRI route.

NMDC manufacturing plant and capacity

In October 2011 the approved project implementation of 3 MTPA Greenfield Integrated Steel Plant at Nagarnar. The Steel Plant is being installed with the technological know-how from various global companies. The Steel Plant will have major technological facilities like India’s one of the largest Blast Furnace (BF) of capacity 4506 Cum.

NMDC DETAILS

  • NSE: NMDC
  • BSE: 526371
  • INDUSTRY: INDUSTRIAL MINERALS
  • MARKET CAP: 43,02,129.39 LAKHS
  • FACE VALUE: ₹1
  • P/E RATIO: 10.8
  • ROCE: 22.6 %
  • ROE: 13.4 %
  • SALES: 11,699 CRORES
  • Operating Profit: 5782
  • OPM %: 49%
  • Profit before tax: 6114 CROES
  • Net Profit: 3573 CRORES

NMDC SAHREHOLDERS PATTERN:

  • PROMOTERS GROUP: 68.29
  • PUBLIC: 31.71
  • TOTAL: 100

4. JINDAL STEEL AND POWER LIMITED

Jindal steel and power ltd is a Steel, Power, Mining, and Infrastructure company in India. JSPL is one of the top steel companies in India that has also been ranked as the second-largest value creator in the world. JSPL has revolutionized the process of steel making in India.

In the Power sector, its name as Jindal Power Limited(JPL), a subsidiary of Jindal Steel & Power Limited, has emerged as a significant player in the power industry. Its technical and managerial capabilities have allowed the company to contribute significantly to the growing needs of power in the country and also become the first private player in the country to set up an Independent Power Plant (IPP).

In Mining, JSPL has been able to reduce the dependency on the third party, which has further resulted in a drastic reduction of cost and time consumption. Moreover, owning captive mines has ensured the company of an uninterrupted supply of high-quality raw material.

In Construction, Jindal Realty (P) Limited is developing new competencies in real estate development in residential and commercial segments.

JSPL Manufacturing Plant and capacity

JSPL has 3 plants in India. they are CHHATTISGARH, ODISHA, JHARKHAND

  • CHHATTISGARH
    • JSPL’s Raigarh plant is the world’s largest coal-based sponge iron manufacturing facility in the world, with up to 3.6 million tonnes per annum (MTPA) steel production capacity. It has an installed 299 MW captive power plant (CPP) at Raigarh and a 540 MW CPP at Dongamauha, district Raigarh, Chhattisgarh.
  • ODISHA
    • JSPL has successfully built and is operating India’s Most Modern 6 MTPA Integrated Steel Plant at Angul – Odisha, comprising India’s largest 4.25 MTPA Blast Furnace. 
  • JHARKHAND
    • JSPL has established a 1.6 Million Tonne Per Annum capacity steel plant at Patratu, Jharkhand. 
  • Totally the JSPL steel capacity was 11.2 MTPA.

JSPL Details

  • NSE: JINDALSTEL
  • BSE: 532236
  • INDUSTRY: STEEL
  • MARKET CAP: 44,47,269.63 LAKHS
  • FACE VALUE: ₹1
  • P/E RATIO: 11.2
  • ROCE: 5.73 %
  • ROE: -0.24 %
  • SALES: 44,376 CRORES
  • Operating Profit: 7,872
  • OPM %: 18%
  • Profit before tax: -246CROES
  • Net Profit: -109 CRORES

JSPL SAHREHOLDERS PATTERN:

  • PROMOTERS GROUP: 60.47
  • PUBLIC: 39.53
  • TOTAL: 100

3. JSW STEEL

JSW Steel is one of India’s leading integrated steel manufacturers in India. JSW Steel continues to enhance its capabilities to meet the rapidly changing global market needs. To stay on the leading edge of technical advancement, JSW has entered into technological collaboration with JFE Steel Corp, Japan to manufacture high strength and advanced high strength steel for the automobile sector. JSW Steel has also entered into a joint venture with Marubeni-Itochu Steel Inc. Tokyo, to set up state-of-the-art steel processing centers. To strengthen its global network, the Company has also acquired a Pipe and Plate making steel mill in Baytown, Texas in the USA. By end of the next decade, JSW Steel aims to produce 40 million tons of steel annually.

JSW Manufacturing Plant and Capacity

JSW steel manufacturers with a capacity of 18 MTPA. It is one of the fastest-growing companies in India with a footprint in over 100 countries. With state-of-the-art manufacturing facilities located in Karnataka, Tamil Nadu, and Maharashtra, it is recognized for its innovation and quality.

JSW offers a wide gamut of steel products that includes Hot Rolled, Cold Rolled, Bare & Pre-painted Galvanized & Galvalume®, TMT Rebars, Wire Rods, and Special Steel.

JSW STEEL DETAILS

  • NSE: JSWSTEEL
  • BSE: 500228
  • INDUSTRY: STEEL
  • MARKET CAP: 1,60,14,085.42 LAKHS
  • FACE VALUE: ₹1
  • P/E RATIO: 62.5
  • ROCE: 9.10 %
  • ROE: 12.9 %
  • SALES: 11,808 CRORES
  • Operating Profit: 5782
  • OPM %: 16%
  • Profit before tax: 3,013 CROES
  • Net Profit: 4,030 CRORES

JSW SAHREHOLDERS PATTERN:

  • PROMOTERS GROUP: 44.07
  • PUBLIC: 55.93
  • TOTAL: 100

2. TATA STEEL

Tata Steel is currently the world’s second-most geographically-diversified steel producer. We are one of the few steel operations that are fully integrated – from mining to the manufacturing and marketing of finished products.

Tata Steel Manufacturing Plant and Capacity

Tata Steel was established in India as Asia’s first integrated private steel company in 1907. With this, we also developed India’s first industrial city at Jamshedpur. Tata Steel is among the leading global steel companies. Its annual crude steel capacity across Indian operations is nearly 12 MnTPA and it also set up our second greenfield steel plant in the eastern state of Odisha; commissioning the first phase (3 MnTPA) of 8M tones of steel capacity in 2016.

Tata Steel BSL’s plant in Dhenkanal is one of India’s largest integrated steel mills equipped with steelmaking and finishing facilities, with downstream operations at Sahibabad (Uttar Pradesh), Khopoli (Maharashtra) and Hosur
(Tamil Nadu) and installed capacity was 5.6 MnTPA.

Total Capacity was 20.6 Million Tonen Per Annum

TATA STEEL DETAILS

  • NSE: TATASTEEL
  • BSE: 500470
  • INDUSTRY: STEEL
  • MARKET CAP: 1,22,72,960.22 LAKHS
  • FACE VALUE: ₹10
  • P/E RATIO: 63.2
  • ROCE: 5.49 %
  • ROE: 2.26 %
  • SALES: 139,817 CRORES
  • Operating Profit: 15,972 CRORES
  • OPM %: 11%
  • Profit before tax: (231.72) CROES
  • Net Profit: 1,172.46 CRORES

TATA STEEL SAHREHOLDERS PATTERN:

  • PROMOTERS GROUP: 34.41
  • PUBLIC: 65.59
  • TOTAL: 100

1. Steel Authority of India(SAIL)

(SAIL) is an Indian government-owned steel manufacturing company in India. It is under the ownership of the Ministry of Steel. SAIL produces iron and steel at five integrated plants and three special steel plants, located principally in India’s 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.

SAIL Manufacturing Plant and capacity

Bhilai Steel Plant (BSP) in Chhattisgarh, India’s sole producer & supplier of world-class rails for Indian Railways including 260 meter long rails, and a major producer of a large variety of wide and heavy steel plates and structural steel. With an annual production capacity of 3.153 MT of saleable steel

Durgapur Steel Plant in West Bengal was set up in the late fifties is a leading producer of long products & the only producer of Forged Railway Wheels & Axles in the country. The plant started production with an initial crude steel capacity of 1 MPTA (million tons per annum) in 1959, which has been progressively increased to 1.8 MTPA during the modernization in the nineties and further to 2.2 MTPA during the recently completed Modernization & Expansion Plan (MEP).

Rourkela Steel Plant the first integrated steel plant in the public sector in India, was set up with German collaboration with an installed capacity of 1 million tonnes. Subsequently, its capacity was enhanced to 2 million tones of hot metal, 1.9 million tones of crude steel, and 1.67 million tones of saleable steel. After implementing a massive modernization and expansion, Rourkela Steel Plant has enhanced its capacity to 4.5 million tones of Hot Metal and 4.2 Million Tonnes of Crude Steel.

Bokaro Steel Plant in Jharkhand’s first phase of 1.7 MT Ingot steel was completed on 26th February 1978 with the commissioning of the third Blast Furnace. All units of the 4 MT stage have already been commissioned and the modernization taken up in the nineties has further upgraded this to 4.5 MT of liquid steel.

IISCO Steel Plant in West Bengal The plant was progressively upgraded to a capacity for production of 4.26 lakh tones of saleable steel and 2.54 lakh tones of pig iron annually. The plant manufactures a range of products, some of which it holds exclusive market dominance. Iron & steel produced by it has been acknowledged as being of the finest quality. After undergoing a modernization-cum-expansion program, the crude steel capacity of the plant has been raised to 2.5 million tonnes per year.

Total capacity was 22.81 million tones per annum.

SAIL Detail

  • NSE: SAIL
  • BSE: 500113
  • INDUSTRY: STEEL
  • MARKET CAP: 48,86,411.42 LAKHS
  • FACE VALUE: ₹10
  • P/E RATIO: 12.6
  • ROCE: 8.43 %
  • ROE: 6.43 %
  • SALES: 61664 CRORES
  • Operating Profit: 10265 CRORES
  • OPM %: 17%
  • Profit before tax: 3,302 CROES
  • Net Profit: 2121 CRORES

SAIL SAHREHOLDERS PATTERN:

  • PROMOTERS GROUP: 65.00
  • PUBLIC: 35.00
  • TOTAL: 100

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