Mahindra Ugine Steel: Difference between revisions

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{{Infobox company
{{Infobox company
| name = Mahindra Ugine Steel
| name = Mahindra Ugine Steel
| logo =  
| logo = [[File:Musco logo.PNG|Mahindra Ugine Steel logo]]
| type = [[Public company|Public]]
| type = [[Public company|Public]]
| traded_as = {{BSE|504823}}
| traded_as = {{ubl|{{BSE was|504823}}|{{NSE was|MAHINDUGIN}}}}
| industry = [[Steel]]
| industry = [[Steel]]
| foundation = 1962, [[Mumbai]]
| foundation = 1962, [[Mumbai]]
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| location_city = [[Mumbai]], [[Maharashtra]]
| location_city = [[Mumbai]], [[Maharashtra]]
| area_served =  
| area_served =  
| key_people = [[Hitesh Patel]], [[Chairman]]; [[Somesh Jojare]], [[Vice Chairman]]
| key_people = {{ubl|[[Hitesh Patel]] ([[Chairman]])| Somesh Jojare, [[Vice Chairman]]}}
| products =  
| products =  
| revenue = {{INRConvert|1342.91|c}} (2011)<ref>{{Cite web|url=http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=504823|title=Stock Share Price mahindra ugine steel coltd {{!}} Get Quote mahindugin {{!}} BSE|website=www.bseindia.com|access-date=2017-10-20}}</ref>
| revenue = {{INRConvert|1342.91|c}} (2011)<ref>{{Cite web|url=http://www.bseindia.com/bseplus/StockReach/AdvanceStockReach.aspx?scripcode=504823|title=Stock Share Price mahindra ugine steel coltd {{!}} Get Quote mahindugin {{!}} BSE|website=www.bseindia.com|access-date=2017-10-20}}</ref>
| operating_income =  
| operating_income =  
| net_income =  
| net_income =  
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| subsid =  
| subsid =  
| slogan =  
| slogan =  
| location_country = [[India]]
| location_country = India
| homepage = [https://web.archive.org/web/20001206203400/http://www.muscoindia.com/  Official Website]
| homepage = [https://web.archive.org/web/20001206203400/http://www.muscoindia.com/  Official Website]
}}
}}
'''Mahindra Ugine Steel (MUSCO)''' ({{BSE|504823}}) is a manufacturer of specialty steel, stampings, and rings headquartered in Mumbai, India.<ref>{{cite web|url=http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Companies&indid=Mahindra-Ugine-Steel-Co |title=Mahindra Ugine Steel Co |publisher=Mahindra Group |date=2011 |accessdate=2011-02-24}}</ref> It is a subsidiary of the [[Mahindra Group]],<ref>{{cite web|url=http://www.thehindubusinessline.in/2002/08/30/stories/2002083001900400.htm |title=Mahindra Ugine eyes revival |publisher=The Hindu Business Line |date=2002-08-30 |accessdate=2011-01-24}}</ref> one of India's largest industrial houses.<ref>{{cite web|url=http://www.rediff.com/business/slide-show/slide-show-1-the-top-20-companies-in-india/20101210.htm |title=The 20 Largest Companies in India |publisher=Rediff.com |date=2010-12-10 |accessdate=2011-02-18}}</ref>
'''Mahindra Sanyo Special Steel Private Limited'''  or formerly known as '''Mahindra Ugine Steel (MUSCO)''' is a manufacturer of specialty steel, stampings, and rings headquartered in Mumbai, India.<ref>{{cite web |url=http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Companies&indid=Mahindra-Ugine-Steel-Co |title=Mahindra Ugine Steel Co |publisher=Mahindra Group |date=2011 |accessdate=2011-02-24 |archive-date=14 July 2011 |archive-url=https://web.archive.org/web/20110714021238/http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Companies&indid=Mahindra-Ugine-Steel-Co |url-status=dead }}</ref> It is a joint venture of the [[Mahindra Group]],<ref>{{cite web|url=http://www.thehindubusinessline.in/2002/08/30/stories/2002083001900400.htm |title=Mahindra Ugine eyes revival |publisher=The Hindu Business Line |date=2002-08-30 |accessdate=2011-01-24}}</ref> one of India's largest industrial houses and Sanyo Special Steel Co. Ltd and Mitsui & Co. Ltd from Japan  <ref>{{cite web|url=http://www.rediff.com/business/slide-show/slide-show-1-the-top-20-companies-in-india/20101210.htm |title=The 20 Largest Companies in India |work=Rediff.com |date=2010-12-10 |accessdate=2011-02-18}}</ref>


MUSCO has three stampings facilities located near key automotive clusters in India: Kanhe to serve the manufacturing cluster in Pune; Nashik; and Rudrapur to serve Northern India.  Together, MUSCO has a total stampings capacity of 30,000 metric tons per year.<ref>{{cite web|url=http://www.muscoindia.com/Comp_prof.htm |title=Company Profile |publisher=Mahindra Ugine Steel |accessdate=2011-02-24}}</ref>  Its ring rolling division also has a total capacity of 30,000 metric tons.<ref>{{cite web|url=http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Companies&indid=Mahindra-Ugine-Steel-Co |title=Mahindra Ugine Steel Co |publisher=Mahindra Group |date=2011 |accessdate=2011-02-24}}</ref>  It was the first steel company in India to receive an [[ISO 9001|ISO 9001:2000 Certificate]] in 2002 and in 2005, it received ISO TS 16949 certification.<ref>{{cite web|url=http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Products&indid=Alloy-Steel |title=Alloy Steel |publisher=Mahindra.com |accessdate=2011-01-24}}</ref>
MUSCO has three stampings facilities located near key automotive clusters in India: Kanhe to serve the manufacturing cluster in Pune; Nashik; and Rudrapur to serve Northern India.  Together, MUSCO has a total stampings capacity of 30,000 metric tons per year.<ref>{{cite web|url=http://www.muscoindia.com/Comp_prof.htm |title=Company Profile |publisher=Mahindra Ugine Steel |accessdate=2011-02-24}}</ref>  Its ring rolling division also has a total capacity of 30,000 metric tons.<ref>{{cite web |url=http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Companies&indid=Mahindra-Ugine-Steel-Co |title=Mahindra Ugine Steel Co |publisher=Mahindra Group |date=2011 |accessdate=2011-02-24 |archive-date=14 July 2011 |archive-url=https://web.archive.org/web/20110714021238/http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Companies&indid=Mahindra-Ugine-Steel-Co |url-status=dead }}</ref>  It was the first steel company in India to receive an [[ISO 9001|ISO 9001:2000 Certificate]] in 2002 and in 2005, it received ISO TS 16949 certification.<ref>{{cite web |url=http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Products&indid=Alloy-Steel |title=Alloy Steel |publisher=Mahindra.com |accessdate=2011-01-24 |archive-date=22 July 2011 |archive-url=https://web.archive.org/web/20110722075755/http://www.mahindra.com/mahindra/industry.page?cname=what-we-do&dname=Components&scat=Products&indid=Alloy-Steel |url-status=dead }}</ref>


==History==
==History==
MUSCO was incorporated on 19 December 1962 in [[Mumbai]].<ref>{{cite news|url=https://economictimes.indiatimes.com/mahindra-ugine-steel-company-ltd/infocompanyhistory/companyid-11356.cms |title=Mahindra Ugine Steel Company Ltd |newspaper=The Economic Times |accessdate=8 June 2018 }}</ref> It began as a dealership/seller of tool, alloy, and specialty steels. In 1964, MUSCO was first listed on [[Mumbai Stock Exchange]].
MUSCO was incorporated on 19 December 1962 in [[Mumbai]].<ref>{{cite news|url=https://economictimes.indiatimes.com/mahindra-ugine-steel-company-ltd/infocompanyhistory/companyid-11356.cms |title=Mahindra Ugine Steel Company Ltd |newspaper=The Economic Times |accessdate=8 June 2018 }}</ref> It began as a dealership/seller of tool, alloy, and specialty steels. In 1964, MUSCO was first listed on [[Mumbai Stock Exchange]].


==Awards==
==Awards==  
* ISO/TS 16949 : 2002 Certification by RWTUV (Germany) in August 2005.
* AD 2000 WO Certification of a QM System according to Pressure Equipment Directive: 97/23/EC, from RWTUV (Germany).
* Lloyd’s Register, London for Steels used in Ship Building.
* Well-Known Steel Maker Certification by Central Boilers Board for Creep Resistant Steel under IBR 1950.
* Certification for Registration of In-House R&D Unit by Ministry of Science & Technologies, Government of India.
* National Award by Ministry of Defence, Government of India for Development of Steels for Aircraft.
* Awarded Best Alloy Plant in India by Indian Institute of Metals in 1995.
* Vikram Sarabhai Space Research Centre for High Temperature Steels for Space Applications.
* Hindustan Aeronautics Limited for MIG Supersonic Aircraft Components (Recipient of National Award).
* Siemens (Germany) for High Temperature Steels for Turbines.
* Cummins Award as "Ship To Use" Supplier.
* Caterpillar for supply of high quality steel bars.<ref>{{cite web|url=http://www.muscoindia.com/Features/awards.htm |title=Awards |publisher=Mahindra Ugine Steel |accessdate=2011-02-24}}</ref>
* Caterpillar for supply of high quality steel bars.<ref>{{cite web|url=http://www.muscoindia.com/Features/awards.htm |title=Awards |publisher=Mahindra Ugine Steel |accessdate=2011-02-24}}</ref>


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*[http://machinist.in/index.php?option=com_content&task=view&id=2658&Itemid=2 Mahindra Ugine Steel Company to set up new manufacturing unit in Pantnagar]
*[http://machinist.in/index.php?option=com_content&task=view&id=2658&Itemid=2 Mahindra Ugine Steel Company to set up new manufacturing unit in Pantnagar]
*[http://www.steelguru.com/indian_news/Mahindra_Systech_to_sell_stake_in_Mahindra_Ugine_Steel/180387.html Mahindra Systech to sell stake in Mahindra Ugine Steel]
*[http://www.steelguru.com/indian_news/Mahindra_Systech_to_sell_stake_in_Mahindra_Ugine_Steel/180387.html Mahindra Systech to sell stake in Mahindra Ugine Steel]
*[http://www.equitybulls.com/admin/news2006/news_det.asp?id=70259 Mahindra Ugine Steel to set up new unit in Pantnagar]
*[http://www.equitybulls.com/admin/news2006/news_det.asp?id=70259 Mahindra Ugine Steel to set up new unit in Pantnagar]{{Dead link|date=August 2025 |bot=InternetArchiveBot |fix-attempted=yes }}


{{Steel industry of India}}
{{Steel industry of India}}
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[[Category:1962 establishments in Maharashtra]]
[[Category:1962 establishments in Maharashtra]]
[[Category:Indian companies established in 1962]]
[[Category:Indian companies established in 1962]]
[[Category:Companies listed on the Bombay Stock Exchange]]
[[Category:Companies formerly listed on the National Stock Exchange of India]]
[[Category:Companies formerly listed on the Bombay Stock Exchange]]

Latest revision as of 19:17, 1 August 2025

Mahindra Ugine Steel
Traded as
IndustrySteel
Founded1962, Mumbai
Headquarters
Mumbai, Maharashtra
,
India
Key people
Revenue₹1,342.91 crore (US$190 million) (2011)[1]
ParentMahindra Group
WebsiteOfficial Website

Mahindra Sanyo Special Steel Private Limited or formerly known as Mahindra Ugine Steel (MUSCO) is a manufacturer of specialty steel, stampings, and rings headquartered in Mumbai, India.[2] It is a joint venture of the Mahindra Group,[3] one of India's largest industrial houses and Sanyo Special Steel Co. Ltd and Mitsui & Co. Ltd from Japan [4]

MUSCO has three stampings facilities located near key automotive clusters in India: Kanhe to serve the manufacturing cluster in Pune; Nashik; and Rudrapur to serve Northern India. Together, MUSCO has a total stampings capacity of 30,000 metric tons per year.[5] Its ring rolling division also has a total capacity of 30,000 metric tons.[6] It was the first steel company in India to receive an ISO 9001:2000 Certificate in 2002 and in 2005, it received ISO TS 16949 certification.[7]

History[edit | edit source]

MUSCO was incorporated on 19 December 1962 in Mumbai.[8] It began as a dealership/seller of tool, alloy, and specialty steels. In 1964, MUSCO was first listed on Mumbai Stock Exchange.

Awards[edit | edit source]

  • Caterpillar for supply of high quality steel bars.[9]

References[edit | edit source]

  1. ↑ "Stock Share Price mahindra ugine steel coltd | Get Quote mahindugin | BSE". www.bseindia.com. Retrieved 20 October 2017.
  2. ↑ "Mahindra Ugine Steel Co". Mahindra Group. 2011. Archived from the original on 14 July 2011. Retrieved 24 February 2011.
  3. ↑ "Mahindra Ugine eyes revival". The Hindu Business Line. 30 August 2002. Retrieved 24 January 2011.
  4. ↑ "The 20 Largest Companies in India". Rediff.com. 10 December 2010. Retrieved 18 February 2011.
  5. ↑ "Company Profile". Mahindra Ugine Steel. Retrieved 24 February 2011.
  6. ↑ "Mahindra Ugine Steel Co". Mahindra Group. 2011. Archived from the original on 14 July 2011. Retrieved 24 February 2011.
  7. ↑ "Alloy Steel". Mahindra.com. Archived from the original on 22 July 2011. Retrieved 24 January 2011.
  8. ↑ "Mahindra Ugine Steel Company Ltd". The Economic Times. Retrieved 8 June 2018.
  9. ↑ "Awards". Mahindra Ugine Steel. Retrieved 24 February 2011.

External links[edit | edit source]

Template:Mahindra Group

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