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Last edited August 1, 2025

Mahindra Ugine Steel
Traded as
IndustrySteel
Founded1962, Mumbai
Headquarters,
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