Over the years, the steel production in India has grown exponentially, and they have been exporting the materials on a substantial basis. Presently, the crude steel production has surpassed more than 143 million tonnes. On a global basis, the nation is the second-largest producer of steel. Also, through the new direction, there will be a rise in the demand for domestic steel. Hence, if you want to know about the steel companies in India and which ones stand in the top 20, then in this blog, you will find all the detailed nitty-gritty of them. So without any further ado, let’s get started.

Tata Steel Limited

This is one of the most sought-after steel manufacturers on the globe, which was started in 1907 by Jamsedji Tata. Earlier, it was known as the Tata Iron and Steel Company. Presently, the business conducts its operations in more than 25 countries, all over the world, where its prime functioning is in the Netherlands and the UK. The main plants are located in Dhenkanal, Jamshedpur and Kalinganagar. Their annual production volume has been increasing exponentially, where the international and national demands are being implemented seamlessly. Their headquarters are in Mumbai. The organisation represents sustainability, innovation and community development. Their operations have spread towards Southeast Asia and Europe. Their topmost products include cold rolled, hot rolled, tubes, coated coil, wire rods, rebar and more. In addition to this, their brands include Tata Steelium, Tata Tiscon, Tata Pipes, Tata Shaktee, Tata Bearings, Tata Astrum and more.

Steel Authority of India Limited (SAIL)

This is a steel company which is government-owned and was started in 1973. Their operations, through their steel plants, are performed all over India. In the country, SAIL is one of the biggest contributors towards the capacity of steel production. The business ensures to meet the requirements for steel in different sectors like defence, railways and infrastructure. Over the years, they have upgraded the production quality and have also streamlined their facilities. SAIL have been involved in the construction of dams and bridges, which is important to the nation. Presently, the company owns three special steel, five integrated steel and one ferro alloy plant. Also, this is a Maharatna company where SAIL’s headquarters are in the country’s capital, New Delhi.

Jindal Steel and Power Limited (JSPL)

Jindal Steel and Power Limited (JSPL) is a renowned name in the industry of Indian steel. It was started by Naveen Jindal in the year 1989, where the company has now expanded into various sectors like mining, steel, power and infrastructure. The organisation conducts its operations in Odisha and Chhattisgarh, where they have a robust footprint in the international and domestic markets. Their product range is innovative, which is comprehensive of unique steel products and high-strength steel which are deployed in manufacturing and construction. JSPL has taken the initiative for sustainable development and has also resorted to reducing its environmental footprint. In addition to steel, they also cater to power, mining and infrastructure. The operations are spread all over Australia, Africa and India.

Arcelor Mittal / Nippon Steel India (AM/NS)

This is a joint venture between Nippon Steel, based in Japan and Arcelor Mittal, where it was established after obtaining the Essar Steel plant, which was in Gujarat, and it was in the year 2019. The company manufactures steel, which is over 600 grades and is used in a broader range of industries. They have contributed their part towards providing employment to people and also fostering innovation and growth. In 2022, they obtained an investment of more than 60,000 crore in order to expand their facilities’ capacity. Through this investment, they were able to position brand new technologies for upgrading machinery, crafting steel and also augmenting the production mix. In 2026, phase one will be finished, and in 2029, phase two will be completed, where they will be able to manufacture 24 MT of steel.

Rashtriya Ispat Nigam Limited (RINL) (Vizag Steel)

RINL comes under the Ministry of Steel, where it is Vishakapatnam’s corporate entity, and it is also known as Vizag Steel. It was started in 1982 and was a Navaratna company where the steel plant is shore-based. It was first initiated as a liquid steel capacity of 3 TPA, and now it has expanded and has gained its footing among the top steel corporations in India. 3 MTPA is their average production capacity, and their annual revenue is estimated to be 2.6 billion US$. Their prime products include rebars, wire rod coils, plain rounds, special steel, forged rounds, structural and more.

JSW Steel

JSW Steel, by financial year 2031, will be expanding its production from 35.7 MT to 51.5 MT, and it has a market cap of $30.31 billion. They have plants not only in India but also abroad, where the business is reshaping the world steel leadership. Presently, it is one of the most substantial steel companies in the world, where the operations are done on a global basis, and they have achieved ambitious targets. The future of steel is being shaped by JSW Steel. The company was started in 1982, and now it has expanded to various sections like infrastructure, automotive and construction. Their top products include cold rolled, hot rolled, galvanised steel products, colour coated products, TMT bars, Avante Doors, special alloy steel and more. Some of their famous brands include Neosteel TMT bars, Silveron, Colouron, Trusteel, Everglow and more.

Godawari Power and Ispat Limited (GPIL)

This company is a member of the Hira Group and also of Ispat Limited and Godawari Power. The organisation was initiated in 1999, but its operations began in 2001. In 2004, there was its first phase of expansion where steel billets were expanded by 2 lakh tonnes, sponge iron by 2 lakh 60k tonnes and captive power generation by 25 MV. Presently, the business is the third largest manufacturer when it comes to coal-based sponge iron. GPIL also focuses on sustainability and is environmentally conscious. Since they also have the capabilities of power generation, any of the extra power generated is exported. Some of their best products include mild steel billets, sponge iron, iron ore pellets, mild steel wires, ferro alloys and more.

VISA Steel Limited

VISA Steel Limited is also one of the best organisations in India, where its headquarters are in West Bengal. The manufacturing unit functions in stainless steel and unique steel in Odisha. In a similar location, a 1 lakh 25k TPA Ferro Chrome Plant has also been placed. When compared to other steel companies, this is a new organisation that was started in 2003. Their vision is all about crafting stakeholder value for the long term, where, through natural resources, there is value addition. Their values include teamwork, transparency, attitude, passion and governance. Mr. Vishambhar Saran is the CEO and Chairman, and Mr Vishal Agarwal is the Deputy CEO and Vice Chairman.

NMDC Limited

When it comes to the substantial producer of iron ore, NMDC is the one where it is managed by the Government of India and does its operations under the Ministry of Steel. It was started in 1958, and in India’s mineral sector, the company has played an important role. The emphasis is laid on not only development but also production and exploration of iron ore, inclusive of other types of minerals. In Karnataka and Chhattisgarh, there are huge mining facilities where there is a supply of top-quality iron ore to significant steel producers in the nation. In addition to this, they also partake in steel production. There is a 3 MTPA steel production unit in Chhattisgarh, which is set to expand the domestic steel manufacturing volume exponentially. The production capacity of steel is 3 MTPA, where high-quality is manufactured, which is for industrial use.

ESL Steel Limited

ESL Steel has its consolidated steel plant functioning in Jharkhand. The MTPA capacity is 1.5 at the Greenfield manufacturing. With the help of brownfield expansions, the mushrooming of the operations will be done to 5 MTPA. They are a prime participant in the ever-expanding steel industry in the nation. The emphasis is laid on long products and ductile iron, where the strategy is laid towards diversity and sustainability, for the growth of the business and its proliferation. Their main products include billets, pig iron, TMT bars, wire rods, ductile iron pipes and more.

Usha Martin

This is a popular Indian conglomerate where Usha Martin is in the manufacturing sector of wire rope and steel. It was started in 1961, where its headquarters is in West Bengal. The company has upscaled over the years, where it has become a stalwart in the manufacturing of steel products and ropes, and it has also impacted various other industries. The manufacturing director of the company is Mr Prashant Jhawar where the production capacity is 1 MTPA and the revenue is USD 237 million. They are extremely skilled in the manufacturing of wire rope, and it is considered their core strength. This product is highly used in mining, construction, gas and oil exploration and also in material handling.

Salem Steel Plant (SSP)

Salem Steel Plant is considered to be a unit of SAIL, where it stands apart from the rest because of its stainless steel, which is cold-rolled. Also, the product is known for its top-notch quality. This manufacturing company is unique because its process has a trailblazing technology, hence, they are a prime participant in the industry. The enterprise’s products are laurelled in international and domestic markets. Hence, this implies that their production scale is outstanding. The plants at SSP are known to produce ferritic, austenitic, low-nickel and martensitic, which are in the form of sheets and coils. 1 lakh 80k tonnes of slabs per year can be produced at the melting shop.

Viraj Profiles Limited

This company has an exceptional portfolio where Viraj Profiles Limited stands apart from the rest because of its manufacturing of long products that are made of stainless steel. The organisation’s reach is all over the world, where they have a sturdy commitment to the quality and have set a major footprint in the stainless steel market, internationally. The company also focuses on innovation and sustainability where this further upgrades their reputation as a chief manufacturer.

Shah Alloys Limited

Shah Alloys Limited provides a manifold variety of stainless steel, carbon steel and alloy steel. They also cater to different industries. Their various products are known for their versatility and quality, hence making the enterprise a desired choice for various clients all over the globe. They also lay a lot of emphasis on research and development, and also take part in initiatives that are sustainable and portray Shah Alloys Limited as a progressive producer in the steel industry. Their products are inclusive of sheets and plates, hot rolled coils, hot rolled round bars and more.

Sunflag Iron and Steel Co. Limited

This company is well-known for its innovative proposition towards steel manufacturing. High-standard products of stainless steel are produced where the company takes advantage of contemporary cutting-edge technology, in order to meet the requirements of the standards laid out by the international market. This ensures that the products are approved in different industrial applications. The company is also dedicated towards quality and sustainability, hence making it a successful steel manufacturer. Their steel categories include super alloys, tool steels, spring steels, free-cutting steels, forging quality steel and ingots, microalloyed steels and engine value steels.

Prime Gold

Prime Gold International Limited is one of the significant manufacturers. It is considered one of the major brands that manufacture steel and has a prominent presence in the industry all over the country. They produce steel products that are of high quality, and it is for this reason that they are known as substantial producers of steel. The company was established in 1984, and it was founded by Shri Pradeep Aggarwal, whose aim was to offer quality and stable living through different construction products like steel doors, TMT steel bars, cement, wall paints and structural steel. The company is in function through cutting-edge technology, where they assure a better present and future.

Bhushan Steel

This is also one of the best steel manufacturers in India, where its headquarters are present in New Delhi, and was started in the year 2003. The annual steel production of this company is 5 million metric tonnes, and its revenue is $2 billion. Because of their hustle, there are 3 production plants of steel in the nation. Their various products include HR Coils, ERW Pipes and MS Squares. Their products can be utilised in various sectors like construction, infrastructure, energy, automobiles, agriculture, telecom, engineering and more.

Electrosteel Casting Limited

This is also one of the top-notch steel manufacturing companies in India. They are a figurehead in showcasing ductile iron pipes in the country. They have put up a commendable foundation for themselves, where they are a brand that is known for their values. They have more than half a decade of experience where the business is all about providing safe and clear drinking water through steel pipes for all individuals. Their headquarters are in Kolkata. Their different products include ductile iron pipes, ductile iron fittings, cast iron pipes, sponge iron, SPL gold cement, pig iron, ferro silicone and more.

Mideast Integrated Steel Limited (MISL)

This firm was established in 1992, and it holds assets in the eastern part of India. Also, they were the first company to collaborate with the renowned Sino Steel, which is located in China. Their main products include pig iron, which is inclusive of runner, fines fresh, plates, LRS and boulders, iron ore fines, calibrated lump ore, granulated slag, coke breeze, lime slurry and more. Now, they are on the pathway towards major expansion. Their expansion plan is to incorporate the steel capacity to 3.5 million tonnes which will be in two phases.

Vedanta Limited

Last on the list, but not the least, Vedanta is a conglomerate in technology and natural resources where the operations are performed all over India, Liberia, Namibia and South Africa. Across the spectrum of natural resources, the company diversifies in not only iron but also zinc, nickel, glass, semiconductors and more. Over the two decades, they have fostered the development of the Indian economy, and also, because of this, they have created thousands of jobs. The company is also listed on the National Stock Exchange and the Bombay Stock Exchange. Their core values are entrepreneurship, trust, excellence, innovation, integrity, respect and care. Their mission is to become one of the dominant natural resources companies on a global level. They have been in operation since 2001, and Vedanta Limited has gained a 51% stake in BALCO and has also acquired Nicoment.

Hence, above were the top 20 steel companies in India that have helped the country make a lot of headway towards development in various sectors. It is because of these steel companies that India has been put on the map and has also gained valuable recognition as the chief exporter of steel.