In this blog post we have covered the top 10 best steel company in India. This list is very helpful for those who are interested in buying shares or steel products of these companies.
The Iron and Steel Industry is one of the major industries in India. According to IBEF, the current steel producing capacity of India is approx. 140 million tonnes in 2020-21 and the figure is anticipated to rise to 300 MTPA by 2030-31. Where, the current steel production all over the world is 1864 million tonnes in 2020. After China, India is the second largest producer of steel in the world.
Top 10 Best Steel Company in India 2025

1. SAIL
We include SAIL among the top 10 steel companies in India. It is one of the 7 ‘Maharatna’ Companies of India. Steel Authority of India Limited (SAIL) is the largest steel and TMT bars manufacturing company in India which produces a wide range of steel products.
- Full Form of SAIL: Steel Authority of India Limited
- Owner: Central Government of India.
- Establishment: 1954.
- Headquarter: New Delhi
- Production Capacity: 21 MTPA (Million Tons Per Annum)
- No. of Employees: 65,807
- Revenue: ₹62,569 Cr. (in 2020)
- Total Sale: Rs 57,496 Cr.
Traded as:-
- NSE: SAIL
- BSE: 500113
- LSE: SAUD
- ISIN Code: INE114A01011
Plants Location:
Products:
2. Tata Steel Limited
Also, Tata Steel Ltd. (formerly TISCO) is one of the top 10 steel companies in India. The company is one of the world's top steel bar producers with operations in 26 countries and a commercial presence in over 50 countries. Its largest plant (having capacity 10 MTPA) is located in Jamshedpur, Jharkhand.
- Owner: Tata Group
- Establishment: 26 August 1907
- Founder: Jamsed ji Tata.
- Headquarter: Mumbai
- Production Capacity (Worldwide): 35 MTPA
- Production Capacity (In India): 19.6 MTPA
- Total Sales: ₹ 1,60,769 Cr.
- No. of Employees: 32,364 (in India) and 80,500 (all over the world)
- Revenue: ₹ 141,660 Cr.
Traded as:-
- BSE: 500470
- NSE: TATASTEEL
- BSE SENSEX Constituent
- NSE NIFTY 50 Constituent
- ISIN Code: INE081A01012
Plants Location in India:
Products:
3. JSW Steel Limited
In addition, JSW Steel Ltd. is considered one of the top 10 steel companies in India. The company is a leading integrated steel producer and exporter with presence in over 100 countries. It is a flagship company of the JSW Group.
- Full form of JSW: Jindal South West
- Owner: JSW Group
- Establishment: 1982
- Founder: Sajjan Jindal
- Headquarter: Mumbai, Maharashtra
- Production Capacity: 18 MTPA
- Total Sales: ₹ 84,050 Cr.
- No. of Employees: 12,600
- Revenue: ₹ 73,872 Cr.
Traded as:-
- BSE: 500228
- NSE: JSWSTEEL
- NSE NIFTY 50 Constituent
- ISIN Code: INE019A01038
Plants Location in India:
Products:
4. ESSAR Steel India Ltd.
ESSAR Steel India Ltd., a part of ESSAR Group, is a well-known steel-products manufacturing company across India. It is among the top 10 steel companies in India. This company is very popular in Maharashtra, Gujarat and Rajasthan.
- Owner: ArcelorMittal Nippon Steel India Limited
- Establishment: 1998;
- Founder: Shashi Ruia and Ravi Ruia.
- Headquarter: Mumbai, Maharashtra
- Production Capacity: 10 MTPA
- No. of Employees: 10,001+
- Revenue: ₹ 1400 Cr.
Traded as:-
- NSE: ESSARSTEEL
- BSE: 500627
- ISIN Code: INE127A01021
Plants Location:
Products:
5. Jindal Steel and Power Ltd.
Also, Jindal Steel and Power Ltd. is one of the top 10 steel companies in India. The company is a flagship of famous company 'Jindal Group'. This is one of the most respected brands known for its great steel-products and specially TMT bars utilized the whole way across the nation.
- Owner: Jindal Group
- Established: 1979 in Hisar, Hariyana
- Founder: Om Prakash Jindal
- Headquarter: New Delhi
- Production Capacity (Worldwide): 11 MTPA
- Production Capacity (in India): 8.6 MTPA
- Production Capacity (in Oman): 2.4 MTPA
- Total Sales: ₹ 39,652 Cr.
- No. of Employees: 6,153+
- Revenue: ₹ 36,943 Cr.
Traded as:-
- BSE: 532286
- NSE: JINDALSTEL
- ISIN Code: INE749A01030
Plants Location in India:
Products:
Must read: Top 10 best TMT bars/rods in India
6. Rashtriya Ispat Nigam Limited (RINL)
Also, Rashtriya Ispat Nigam Ltd. (RINL) is one of the top 10 steel company in India. This is a Navratna Company under the Ministry of Steel, Govt. of India.
Visakhapatnam Steel Plant, first plant of RINL, fondly called Vizag Steel. It is the first shore-based Integrated Steel Plant in India and is known for its quality products delighting the customers.
- Owner: Central Government of India
- Establishment: VIZAG Steel Plant is established in 1971 while RINL is founded in 1982.
- Headquarter: Visakhapatnam Steel Plant (VSP), Visakhapatnam, India.
- Production Capacity: 7.3 MTPA.
- Total Sales: ₹ 20,844 Cr.
- No. of Employees: 17,600+
- Revenue: ₹ 15,920 Cr. (in 2020)
• Rashtriya Ispat Nigam Ltd. (RINL) is not listed on BSE/NSE.
Plants Location:
Products:
7. ESL Steel Limited
ESL Steel Limited (Formerly Electrosteel Steels Limited) is seventh largest in the list of top 10 steel company in India. In 1994, it established the first Ductile Iron Spun Pipe plant in Kharada, India and is now one of the five largest producers of spun iron pipe in the world, with a production capacity of 0.28 MTPA. The company has established itself as an international brand that values commitment to excellence. It is now one of the best steel manufacturing companies in India.
- Owner: Vedanta Limited
- Establishment: 2006
- Headquarter: Bokaro, Jharkhand
- Production Capacity: 1.5 MTPA
- Total Sales: ₹ 4377.51 Cr.
- No. of Employees: 2,153
- Revenue: ₹ 31,594.74 Cr.
Traded as:-
- NSE: ELECTROSL
- BSE: 533264
- ISIN CODE: INE481K01021
Plant Location:
Products:
8. NMDC Limited
We also include NMDC among the top 10 steel company in India. It is one of the ‘Navratna’ companies of India since 2008. It was established as a public sector undertaking to discover, develop, and exploit non-fuel and nuclear mineral resources. This company is active in the exploration of iron ore, copper, rock phosphate, dolomite, gypsum, limestone, bentonite, magnesite, tin, tungsten, graphite, diamond, etc. Now NMDC Ltd. is the largest manufacturer of iron ore in India with 35 MTPA production capacity.
- Full Form of NMDC: National Mineral Development Corporation
- Owner: Central Government of India
- Establishment: 15 November 1958
- Headquarter: Hyderabad, Telangana
- Production Capacity: 43 MTPA (mining capacity)
- No. of Employees: 5,887+
- Revenue: ₹ 11,699.22 Cr.
Traded as:-
- NSE: NMDC
- BSE: 526371
- ISIN Code: INE584A01023
Plant Location:
Operating Mines:
- Bailadila Iron Ore Mine, Kirandul Complex, South Bastar district, Dantewada in Chhattisgarh.
- Bailadila Iron Ore Mine, Bacheli Complex, South Bastar district, Dantewada in Chhattisgarh.
- Donimalai Iron Ore Mine, Donimalai, Bellary district in Karnataka.
- Diamond Mining Project, Majhgawan, Panna in Madhya Pradesh.
Products:
9. Tata Steel BSL Limited
Tata Steel BSL Limited (formerly Bhushan Steel Limited) is one of the largest manufacturer and supplier of steel in India with the largest manufacturer of auto-grade steel. It is the fifth largest secondary steel producing company in India. We include Tata Steel BSL Limited in the list of top 10 steel manufacturing companies in India.
- Owner: TATA Steel Ltd.
- Establishment: 1987
- Headquarter: Kolkata, West Bengal
- Production Capacity: 5.2 MTPA
- No. of Employees: 5000+
- Revenue: ₹ 12494.4 Cr.
Traded as:-
- BSE: 500055
- NSE: TATASTLBSL
- ISIN Code: INE824B01021
Plants Location:
Products:
10. Shyam Steel Industries Ltd.
Shyam Steel Industries Limited is a well-known steel manufacturing company in India producing top level quality TMT bars of all sizes required for homes, workplaces, and enterprises. We also include Shyam TMT bars among the top 10 steel company in India.
- Owner: Sri Shriram Beriwal
- Establishment: 1953
- Headquarter: Kolkata, West Bengal.
- Production Capacity: 0.75 MTPA
- No. of Employees: 1001 to 5000
- Revenue: Over ₹ 500 Cr.
- Total Sales: ₹ 3,000 Cr.
• Shyam Steel Industries Ltd is not traded on BSE/NSE.
Plants Location:
Products:
Must read: Top 10 best TMT bars/rods in India
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Which are the top 10 steel companies in India?
The top 10 steel companies in India are -
- SAIL,
- Tata Steel Limited,
- JSW Steel Limited,
- ESSAR Steel India Limited,
- Jindal Steel and Power Limited,
- Rashtriya Ispat Nigam Limited,
- Radha Smelters Pvt Ltd,
- NMDC Limited,
- Tata Steel BSL Limited and
- Shyam Steel Industries Limited.
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Superb article...! Thanks for sharing such a valuable post with a list of best steel companies in india.
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