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Last edited August 1, 2025

Mahindra Ugine Steel
Traded as
IndustrySteel
Founded1962, Mumbai
Headquarters,
India
Key people
Revenue1,342.91 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