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Home >> Business And Economy>> Steel Companies In India

Steel Companies In India

India Steel Industry Steel Companies in India
 

World Steel Industry

World Steel Makers


MAJOR PLAYERS

Steel Authority of India Limited (SAIL) is the leading steel-making company in India.


It is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets. The Government of India owns about 86% of SAIL's equity and retains voting control of the Company. However, SAIL, by virtue of its "Navratna" status, enjoys significant operational and financial autonomy. Major units of SAIL are as under:

Integrated Steel Plants
  • Bhilai Steel Plant (BSP) in Chhattisgarh
  • Durgapur Steel Plant (DSP) in West Bengal
  • Rourkela Steel Plant (RSP) in Orissa
  • Bokaro Steel Plant (BSL) in Jharkhand
Special Steel Plants
  • Alloy Steels Plants (ASP) in West Bengal
  • Salem Steel Plant (SSP) in Tamil Nadu
  • Visvesvaraya Iron and Steel Plant (VISL) in Karnataka
Subsidiaries
  • Indian Iron and Steel Company (IISCO) in West Bengal
  • Maharashtra Elektrosmelt Limited (MEL) in Maharashtra
  • Bhilai Oxygen Limited (BOL) in New Delhi
Joint Venture
SAIL has promoted joint ventures in different areas ranging from power plants to e-commerce.

NTPC SAIL Power Company Pvt. Ltd
Set up in March 2001, this 50:50 joint venture between SAIL and the National Thermal Power Corporation (NTPC) operates and manages the Captive Power Plants-II of the Durgapur and Rourkela Steel Plants which have a combined capacity of 240 MW.

Bokaro Power Supply Company Pvt. Limited
This 50:50 joint venture between SAIL and the Damodar Valley Corporation formed in January 2002 is managing the 302-MW power generation and 1880 tonnes per hour steam generation facilities at Bokaro Steel Plant.

Bhilai Electric Supply Company Pvt. Limited
Another SAIL-NTPC joint venture on 50:50 basis formed in March 2002 manages the 74 MW Power Plant-II of Bhilai Steel Plant which has additional capacity of producing 150 tonnes of steam per hour.

UEC SAIL Information Technology Limited
This 40:60 joint venture between SAIL and USX Engineers & Consultants, a subsidiary of the US Steel Corporation, promotes information technology in the steel sector.

Metaljunction.com Private Limited
A joint venture between SAIL and Tata Steel on 50:50 basis, this company promotes e-commerce activities in steel and related areas.

SAIL-Bansal Service Center Pvt. Ltd.
SAIL has formed a joint venture with BMW industries Ltd. on 40:60 basis to promote a service centre at Bokaro with the objective of adding value to steel.

North Bengal Dolomite Limited
A joint venture between SAIL and West Bengal Mineral Development Corporation ltd on 50:50 basis was formed for development of Jayanti Dolomite Deposit, Jalpaiguri for supply of Dolomite to DSP and other plants.

Romelt-SAIL (India) Ltd
A joint venture between SAIL, National Mineral Development Corporation (NMDC) and Russian promoters for marketing Romelt Technology developed by Russia for reducing of iron bearing materials, which is carried out with carbon in single stage reactor with the use of oxygen.

Others major steel producers are
  • Tisco ( Tata Iron and Steel Corporation ltd)
  • Essar Steel
  • Jindal Vijaynagar Steels Ltd
  • Jindal Strips Ltd
  • JISCO
  • Saw Pipes
  • Uttam Steels Ltd
  • Ispat Industries Ltd
  • Mukand Ltd
  • Mahindra Ugine Steel Company Ltd
  • Tata SSL Ltd
  • Usha Ispat Ltd
  • Kalyani Steel Ltd
  • Electro Steel Castings Ltd
  • Sesa Goa Ltd
  • NMDC
  • Lloyds SteeI Industries Ltd