Keep in pace with the top largest steel company in India, you will find many regional steel makers rapidly emerging and growing leaps and bounds. Wondering what strategy has been the driving force for the exponential expansion of these regional steel producers? We have rounded up some of the very basic facts that could be the reason.
- Huge demand for high-quality steel in the real-estate, automotive and construction applications.
- Tough market competition to produce low-cost and high-quality TMT bar to meet the local demand.
- Rocketing demand for steel by-products like slag for road construction.
- To reduce the import expense of steel for lowering the price of final steel products.
- To manufacture world-class indigenous products without compromising on quality and the metallurgical properties.
As the regional steel manufacturers are setting the record straight with their staggering yearly production and export statistics, here are our top 4 picks of the leading steel manufacturers in India.
Gracing the first spot is MS life, a leading integrated steel company in India to produce 500, 550, 600and 600+ grade TMT bars and steel rebars. Under its mine-to-mills integrated facility, the company source raw materials from the world class mines to manufacture high-end steel products for construction. MS life is now regraded as one of the fastest growing steel manufacturers in South India.
Following next is AF star, a promising regional steel producer to already being a no.1 brand, trusted by some eminent private and public enterprises. This integrated steel rolling plant produces and delivers the highest quality cut & blend, corrosion resistant steel, TMT bars, MS round bars and binding wires.
RD TMT bars manufacturers is next on our list to produce outstanding quality TMT bars and MS billets using cutting-edge technology.
Lastly we have Dhanalaxmi TMTbars that produces its signature LAXMI 500 with an aim to capture the demand for high strength and flexible TMT bars at a reasonable price range.
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