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17th January 2017, 09:49 AM
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Join Date: Aug 2012
Re: Sponge Iron Manufacturing Companies in India

A developing nation like India needs a great deal of iron and steel to power its nation. Without iron nation's economy can't develop in light of the fact that iron is required in each industry.

India has many iron and steel delivering organizations. They are private division organizations and also open segment. Some of these organizations deliver a large number of tons steel and iron each year.


1. Steel Authority of India Limited
Revenue: Revenue is $9208 Millions, Market Cap is Rs 30,0000 Millions, Net Profit is Rs 21700 Million
Core Business: Steel/Sponge Iron/Pig Iron, Saleable Steel etc
Business Operations: Steel authority of India was established in 1954 and one of the leading steel making company in India, all of its plants is ISO certified
Employees: Over 20,000
Corporate Office: Ispat Bhawan, Lodi Road, New Delhi

2. Tata Steel Limited
Revenue: Revenue is $7808 Millions, Market Cap is Rs 38,0000 Millions, Net Profit is Rs 50629 Million
Core Business: Steel/Sponge Iron/Pig Iron
Business Operations: Tata steel established in 1907 is world’s second largest diversified steel producer in the world. It is also a fortune 500 company and production capacity of 30 Million Tonnes Per Annum (MTPA)
Employees: 15,000 to 18,000
Corporate Office: Bombay House, 24 Homi Mody Street Fort, Mumbai-400001

3. Jindal Steel and Power Limited
Revenue: Revenue is $4008 Millions, Market Cap is Rs 27,4000 Millions, Net Profit is Rs 21700 Million
Core Business: Universal Plate/Coil, Iron Ore Pellets, Parallel Flange Beam/Columns, MS Round, Wire Rod
Business Operations: Jindal steel was founded in year 1990 by Jindal Group. JSPL is a leading player when it comes to Steel, Power, Mining, Oil & Gas and Infrastructure
Employees: 10,000 to 12,000
Corporate Office: O P Jindal Marg, Hisar-125005, Haryana

4. Essar Steel Limited
Revenue: Revenue is $3008 Millions, Market Cap is Rs 144912 Millions, and Net Profit is Rs 21700 Million
Core Business: Hot Rolled, Coils, Pipes Misc, Scrap Steel/Sponge, Iron/Pig Iron
Business Operations: Esser Steel company as incorporated in 1976. Essar steel is a global producer of steel with operations in India, Canada, USA and Asia also
Employees: 10,000 to 12,000
Corporate Office: Post Hazira, Surat-394270, Gujarat

5. Bhushan Steel Ltd
Revenue: Revenue is $2208 Millions, Market Cap is Rs 100311 Millions, and Net Profit is Rs 9908 Million
Core Business: Steel & Iron Products, Hot Rolled Steel Strips/Sheets, Cold Rolled Steel Strips/Sheets, Colour Coated Galvanised Steel
Business Operations: Bhushan Steel was incorporated in year 1983. It is India’s 3rd largest secondary steel producer company with production capacity of 2 million tons per annum.
Employees: 12,000 to 14,000
Corporate Office: Andheri (West) Mumbai-400058, Maharashtra

6. Ispat Industries Ltd
Revenue: Revenue is $2178 Millions, Market Cap is Rs 25117 Millions, and Net Profit is Rs 3169 Million
Core Business: sponge iron, hot rolled coils, cold rolled coils, galvanized steel/ coils and colo
Business Operations: Company was established in year 1984 and largest private sector steel company in India. It has two facilities in Maharashtra.
Employees: 12,000 to 13,000
Corporate Office: Prabhadevi, Mumbai-400025, Maharashtra

7. JSL Ltd
Revenue: Revenue is $2048 Millions, Market Cap is Rs 7915 Millions, and Net Profit is Rs 8200 Million
Core Business: Hot Rolled Products, Cold Rolled Products
Business Operations: Company was founded in year 1984 and it is a part of Jindal Group. The company is largest producer of Submerged Arc Welded pipes in India.
Employees: 8,000 to 10,000
Corporate Office: O. P. Jindal Marg, Hisar-125005, Haryana

8. Lloyds Steel Inds. Ltd
Revenue: Revenue is $1238 Millions, Market Cap is Rs 8000 Millions, and Net Profit is Rs 10 to Rs 12 Million
Core Business: Steel/Sponge Iron/Pig Iron, Traded Goods, Hot Rolled Coils/Slab, Galvanized Coils/Sheets
Business Operations: Lloyds Steel was incorporated in year 1970 under Gupta Pipes and Tubes. Company manufactures mainly steel pipes and tubes
Employees: 5000 to 6000
Corporate Office: P.d’mello Road, Mumbai-400009, Maharashtra

9. ISMT Ltd
Revenue: Revenue is $500 Millions, Market Cap is Rs 1703 Millions, and Net Profit is Rs 100 Million
Core Business: Steel & Iron Products, tube, steel, Scrap etc
Business Operations: ISMT Ltd was founded in year 1999 and it is largest manufacturer of specialized seamless tubes in Asia
Employees: 3000 to 4000
Corporate Office: Lunkad Towers, Viman Nagar, Pune-411014, Maharashtra

10. Monnet Ispat and Energy Ltd
Revenue: Revenue is $500 Millions, Market Cap is Rs 6246 Millions, and Net Profit is Rs 2500 Million
Core Business: Steel/Sponge Iron/Pig Iron, Structural Steel
Business Operations: Monnet Ispat and Energy Ltd was founded in year 1990
Employees: 2500 to 3000
Corporate Office: Hasaud, Raipur-492101, Chattisgarh


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