Metals like iron and steel are essential to India's booming industrial and infrastructural growth. Discover the leading metal companies shaping the nation's economy. Data as of December 2024. Source – Moneycontrol.
Iron and steel are foundational materials in industries such as construction, automotive, shipbuilding, machinery, and infrastructure development. They are used in building roads, bridges, railways, and manufacturing tools and appliances.
Market Cap: ₹2,43,628 Cr. JSW Steel, headquartered in Mumbai, is one of India's leading integrated steel manufacturers with presence in over 100 countries.
Market Cap: ₹1,82,197 Cr. Founded in 1907 and based in Mumbai, Tata Steel is a pioneer in the steel industry and they are serving sectors from automotive to construction.
Iron and steel are foundational materials in industries such as construction, automotive, shipbuilding, machinery, and infrastructure development. They are used in building roads, bridges, railways, and manufacturing tools and appliances.
Market Cap: ₹1,49,587 Cr. A flagship company of the Aditya Birla Group, Hindalco is a major player in aluminum and copper production and known for brands like Everlast and Eternia.
Market Cap: ₹94,465 Cr. Jindal Steel and Power specializes in steel, power, mining, and infrastructure. It operates one of India's most advanced steel plants and is known for its innovative products and sustainable practices.
Market Cap: ₹68,737 Cr. Established in 1958, NMDC is India's largest iron ore producer. The company aims to expand its annual production capacity to 100 million tonnes by 2030.
Market Cap: ₹60,988 Cr. Jindal Stainless is a key player in stainless steel production with manufacturing units in Haryana and Odisha. It has a global presence in over 15 countries.
Market Cap: ₹55,909 Cr. Based in Mumbai, Lloyds Metals focuses on sponge iron production and power generation. The company plays a role in supplying raw materials for steel manufacturing and is expanding its operations in the energy sector.
Market Cap: ₹50,516 Cr. SAIL, a Maharatna company headquartered in New Delhi, is one of the largest steel-making companies in India. It operates five integrated steel plants.
Market Cap: ₹43,780 Cr. Located in Delhi NCR, APL Apollo Tubes is India's leading producer of structural steel tubes. With over 1,100 product variants marketed under brands like Apollo Structural and Apollo Z.
Market Cap: ₹23,227 Cr. Headquartered in Kolkata, Shyam Metalics is involved in ferro alloys, iron pellets, sponge iron, and steel manufacturing. The company operates three manufacturing plants and focuses on sustainable practices.
The metal industry is integral to India's economic growth, contributing to GDP, employment, and infrastructure development. Companies like JSW Steel, Tata Steel, and Hindalco are at the forefront, driving innovation and expansion in the sector.