TOP 10 STEEL MANUFACTURING COMPANIES IN INDIA

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Steel is an important alloy and play a key role in infrastructural development of any country because of its large scale applications.
From a small needle to the huge aircraft, steel is present everywhere and India stands at 4th position in the world in terms of steel production.
In the last few decades, steel companies in India have grown tremendously and production has also increased manifold. This post describes about the Top 10 Steel manufacturing Companies in India by market capitalization 2015:

10. ADHUNIK INDUSTRIES LIMITED

Adhunik Industries Limited
On 10th position is Adhunik Industries Limited, a leading steel company in India and a part of Adhunik Group. Adhunik Industries Limited produces Steel Wires, Steel Rods and Steel Bars, which are used in construction of bridges, flyovers, dams, buildings, etc.
Adhunik Industries Limited is a fast growing steel company and in the financial year 2013-2014, the company generated a revenue of more than Rs 400 Crore.
Market Capitalization: Rs 635 Crore (As on 21st May 2015)

9. JINDAL STAINLESS LIMITED

Jindal Stainless Limited
Jindal Stainless Limited is the next steel company, which is a part of OP Jindal Group and stands among leading steel producers with an annual production capacity of more than 1.5 Million Tonnes.
Steel Plates, Steel Strips, Steel Coils and Steel Slabs are some of its products.
Jindal Stainless Limited is growing swiftly and generated total revenue of more than Rs 12,000 Crore in the financial year 2013-2014. Also, the profit generated by the company crossed the mark of Rs 1,300 Crore.
Market Capitalization: Rs 886 Crore (As on 21st May 2015)

8. ELECTROSTEEL STEELS LIMITED

Electrosteel Steels Limited
Electrosteel Steels Limited is ranked 8th in the list of top 10 steel companies in India. Founded in 1955, Electrosteel Steels Limited stands among key players in this segment in the country. Some of the products of this company are Bars, Pipes and Billets.
Market Capitalization: Rs 1,043 Crore (As on 21st May 2015)

7. BHUSHAN STEEL

Bhushan Steel
On 7th position is Bhushan Steel, a leading private sector steel company in India with an annual capacity of more than 2 Million Tonnes. Incorporated in the year 1987, Bhushan Steel’s product line include Steel Sheets, Steel Coils and Steel Bars.
Bhushan Steel has 3 manufacturing plants in India, which produce steel of premium quality.
Market Capitalization: Rs 1,364 Crore (As on 21st May 2015)

6. WELSPUN CORPORATION LIMITED

Welspun Corporation Limited
Welspun Corporation Limited is the next steel company on this list, which came into existence in the year 1995. Welspun Corporation Limited is a leading producer of steel pipes in the world and owns more than 5 manufacturing units in India. Steel Coils, Steel Strips, Steel Plates and Steel Pipes are some of the products of this company.
Moving to its performance in the financial year 2013-2014, the company generated total income of more than Rs 7,500 Crore. Also, the profit generated by the company crossed the mark of Rs 140 Crore.
Market Capitalization: Rs 2,333 Crore (As on 21st May 2015)

5. JSW STEEL

JSW Steel
JSW Steel is a known steel company in India and placed at 5th in the list of top 10 steel companies in India. Founded in the year 1982, JSW Steel has 6 manufacturing units in different parts of the country. These plants have a combined capacity of more than 14 Million Tonnes Per Annum.
JSW Steel is a leading private sector steel company and in the financial year 2013-2014, its crude steel production grew by more than 40%. Apart from India, JSW Steel has operations in more than 100 countries across the world and acclaimed worldwide for high quality products.
Market Capitalization: Rs 21,900 Crore ( As on 21st May 2015)

4. RASHTRIYA ISPAT NIGAM LIMITED (RINL)

RINL
Next steel company on this list is Rashtriya Ispat Nigam Limited (RINL), a Public Sector Company incorporated in the year 1982 and among the biggest steel producers in India.
Products manufactured by RINL are of premier quality and exported to different countries in the world. Some of the sectors in which products manufactured by the company find application are Automobile, Construction, Engineering and Power.

3. ESSAR STEEL

Essar Steel
A part of Essar Group, Essar Steel is another leading player in this segment and stands at 3rd in the list of top 10 steel companies in India. Incorporated in the year 1969, Essar Steel at present stand among the leading steel producers in India. Some of the products manufactured by the company are Steel Beams, Steel Plates, Steel Pipes and Steel Tubes.
Essar Steel has more than 5 manufacturing plants, which account annual production of more than 7 Million Tonnes. Apart from India, Essar Steel has operations in Canada, Indonesia and USA.

2. STEEL AUTHORITY OF INDIA LIMITED (SAIL)

SAIL
A Maharatna Company, Steel Authority of India Limited (SAIL) is next on this list, which was established in the year 1954. Pipes, Chains, Steel Plants, Channels, Steel Wires and Steel Bars are some of the products of SAIL. Some of the sectors in which these products are used include Construction, Automobile, Power and Defence.
Talking about performance, the turnover of SAIL in the financial year 2013-2014 crossed the mark of Rs 50,000 Crore. The company generated profit of more than Rs 2,500 Crore and the production of steel was more than 13 Million Tonnes.
SAIL has more than 10 manufacturing plants, which are located in different parts of India. Some of its manufacturing plants are Bhilai Steel Plant, Salem Steel Plant, Durgapur Steel Plant and Bokaro Steel Plant.
Market Capitalization: Rs 27,178 Crore (As on 21st May 2015)

1. TATA STEEL

Tata Steel
When its about steel companies in India, Tata Steel is the indisputable leader among all companies. Founded in the year 1907, Tata Steel is one of the oldest steel companies in India and leads this segment in the country. Some of the products of this company are Steel Wires, Steel Rods, Tubes, Constructional Components, etc.
The products manufactured by the company are widely used in sectors like Railway, Automotive, Power, Construction, Agriculture, etc. The swift growth of the company can be traced from the fact that in the financial year 2013-2014, the total revenue generated by the company was more than Rs 45,000 Crore.
Tata Steel has many manufacturing units, which are located in Jamshedpur, Pithampur, Tarapur, etc. Apart from India, Tata Steel has operations in United Kingdom, Netherlands, Thailand, Singapore, etc.
Market Capitalization: Rs 33,351 Crore (As on 21st May 2015)

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