TATA Steel Limited is an Indian multinational Steel Manufacturing Company Founded by Jamsetji Tata and Dorabji Tata in the Year 1907. In this article, we have Complied the List of the top 10 TATA Steel Competitors and compared them on the Basis of Their Revenue, business longevity, and Products.
With crude steel production of 34 million tonnes Per year, TATA Steel is not just India’s But one of the Worlds Biggest Steel Producers. Apart From Production, TATA Steel Also has a Presence in locating mining iron ore coal, Manufacturing Equipment for natural gas energy.
With an Annual turnover of US$19.7 billion in the Financial year 2019-20, TATA Steel is the Second Biggest steel company in India after SAIL (Steel Authority of India). Other than India, TATA Steel operates in more Than 50+ Countries which Includes Malaysia, Vietnam, UAE, Thailand, Mozambique, South Africa, Australia, and the United Kingdom. Let us Find out the Top 10 Biggest TATA Steel Competitors Around the World.
Top 10 TATA Steel Competitors & Alternatives
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1. Steel Authority of India Limited (SAIL)
SAIL or Steel Authority of India Limited is the Largest Steel Manufacturing Company in India. Founded in the Year 1973, the Government of India Owns 65% of SAIL’s equity. With an Annual Turnover of US$13 billion for the Year 2021-22, Steel Authority of India Limited Has an annual production of 16.30 million metric tons.
Steel Authority of India Limited (SAIL) Has five integrated Manufacturing plants at Bhilai, Rourkela, Durgapur, Bokaro, and Burnpur. Other Then this, SAIL also operates Three Special plants at Salem, Durgapur, and Bhadravathi.
SAIL Has Been Collaborating with the government of India for Different Make in India Projects. In the coming years, the company is Planning to Establish a full power Manufacturing plant in Andhra Pradesh with an Investment of Rs. 4,400 crores.
2. Jindal Steel and Power (JSPL)
Jindal Steel and Power Limited are an Indian Steel Manufacturing Company Headquarters in New Delhi. Established in the Year 1979 by OP Jindal, JSPL is the third largest private steel producer in India. Known For Producing sponge iron, mild steel, hot rolled plates, and rails, Jindal Steel and Power is operating in Raigarh, Raipur, Odisha, Angul, Barbil, Jharkhand, and Patratu.
JSPL Believes in Innovation and specialized leadership which has provided employment possibilities to more than 22,000 people in India. The Boston Consulting Group has rated Jindal Steel and Power Limited as the second highest value creator in the world. With the Investment of US$12 billion Across the Globe, Jindal Steel and Power is one of the Biggest TATA steel competitors.
3. Essar Steel India Limited
Essar Steel India Limited is a Subsidiary company of Essar Group, Headquatered in Mumbai, Maharashtra. Incorporated in 1976, Essar Steel Ltd is a manufacturer of flat carbon steel for various Sectors like Engineering, the power sector, and hydrocarbon sector pipe.
Essar Steel India Limited is also one of the largest exporters of flat products to countries like the USA, European, South Asia, and the Middle East. Essar Steel also operates the world’s Largest gas-based hot briquetted iron
plant which has a production capacity of 5.1 million Ton Per Annum,
Other than Mumbai, Essar Steel India Limited operates a Steel Mill in Hazira, Gujrat. It also has 8 MTPA Mineral Processing Plants at Bailadilla, Chhattisgarh, pellet plants at Visakhapatnam, and 12 MTPA at Paradeep, Odisha.
4. Rashtriya Ispat Nigam Limited
Rashtriya Ispat Nigam Limited also Known as Vizag Steel is a Steel Producer based in Visakhapatnam. The Company was Started in the Year 1982 and Currently, RINL operates a 7.3 million-tonne Plant in steel plant.
Rashtriya Ispat Nigam Limited was Countries First shore-based integrated steel plant which is also certified for ISO 50001. Rashtriya Ispat Nigam Limited is one of the Major Steel Producers in India with 23 branch offices and 800 Retail Dealers.
Specialized in Manufacturing Steel for construction sectors, Rashtriya Ispat Nigam Limited Produces Bars, Rods, Wire Rods, and Structurals for Indian and Foreign Markets. Known For its Economical authority and high levels of environmental standards, Rashtriya Ispat Nigam Limited has Emerged to become open of the Biggest TATA steel competitors in India.
5. NMDC Steel Limited
NMDC Steel Limited is a private unlisted company registered in Chhattisgarh. Established in the Year 2015, NMDC Has Built a 3 MTPA Integrated Steel Plant in Nagarnar which is Located 16 km from Jagdalpur. it is the First time that NMDC Has Installed Hot Strip Mill with a Thin Slab Caster in a PSU Steel Plant for HR Coil Production.
The Nagarnar Steel plant will be operating Zero Liquid Discharge which will ensure the efficient Use of Water in the plant. With all the Modern technology and energy-efficient technology, the Nagarnar Plant will consume the Estimate Energy of 5.9G Cal/T.
The NMDC is Planning to Increase the Capacity of the Nagarnar Steel plant’s iron ore production to 67 MTPA by FY 2025. With the Mission to become the Largest iron ore producer in India, NMDC Steel Limited is one of the Major TATA Steel Competitors in India.
6. VISA Steel Limited
Visa Steel is a mineral and metals company headquartered in Kolkata. It has a 1.5 million-ton integrated Steel Manufacturing Plant in Jajpur Odisha. The Plant facilities six submerged Arc Furnaces with 3×25 MW Power Generating Units. The plant produces high-quality Carbon Ferro Chrome For the Indian as well as International Markets.
7. JSW Steel Limited
JSW Steel Limited is an Indian Steel Producer established in the Year 1982 by Sajjan Jindal. With Manufacturing Plants in Karnataka, Tamil Nadu, and Maharashtra, JSW Steel Limited Produces High-Quality Hot Rolled, Cold Rolled, Pre-painted Galvanized, and Special Steel.
JSW Steel Limited was established when Jindal Group bought Piramal Steel Limited, Later It was Renamed Jindal Iron and Steel Company. In the Year 2005, JISCO and JVSL went to amalgamation to form JSW Steel Limited.
As of June 2021, the manufacturing capacity of JSW Steel Limited is 18 Metric Tonnes Per Annum. With a Presence in Over 100+ countries, JSW Steel Limited is recognized as one of the Biggest Steel Producers in India.
8. Godawari Power & Ispat Limited
Established in the Year 1991, Godawari Power & Ispat Limited is a part of the HIRA Group of Industries. Engaged in Manufacturing Ferro alloys, captive power, wires rods, and fly ash brick, GPIL has an integrated steel plant in Siltara in Raipur.
9. Uttam Value Steels Ltd
Specialized in Producing High-Quality hot-rolled and cold-rolled flat special steel, Uttam Value Steels Limited is an Indian Steel Manufacturer headquartered in Mumbai, Maharashtra. Established in the Year 1994 and Currently, It has a Manufacturing Unit in Wardha. With the ISO 50001:2015 Certification, Uttam Value Steels Ltd has an energy management system.
10. Mideast integrated steels ltd
Mideast integrated steels ltd (MISL) is an Indian Steel Manufacturer Established in the year 1992. It is the First Indian Company that Collaborated with CMIEC also Known as Sino Steel From China. Started in the Coastal Areas of Odisha, Mideast Integrated Steels Limited is one of the Main TATA steel competitors in India.
Specialized in Manufacturing iron ore fines, calibrated lump ore, and pig iron, the MISL Currently Has Two 389 cubic meters Blast Furnaces in Its Plant at Kalinga Nagar, Odisha.
FAQ ( TATA Steel Competitors )
Who is the Biggest Competitor of TATA Steel in India?
Steel Authority of India Limited is the Biggest Competitor of TATA Steel in India.
Does tata steel export steel?
Yes, TATA Steel is Exported to 100+ Countries.
In how many Countries TATA Steel operates?
TATA Steel Operates in more than 26 countries.
TATA Steel is Worlds Tenth Largest Steel Manufacturer. With a Presence on Five different continents, It is one of the most geographically diversified companies in the World. With Focus on Innovation, technology, and Sustainability, TATA Steel has Set a Benchmark for other Companies. Strive to become the Global leader in Steel Manufacturing, TATA Steel has constantly Showed Broad Growth.
We Hope this Article helped You to Know more about the Main TATA steel competitors Around the World. If You have any Queries or Suggestions, Please feel free to Share them with us in the comment Section Below.
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