Summary
Mahindra Ugine Steel (MUSCO) (BSE: 504823) is a manufacturer of specialty steel, stampings, and rings headquartered in Mumbai, India.[2] It is a subsidiary of the Mahindra Group,[3] one of India's largest industrial houses.[4]
 | |
| Type | Public |
|---|---|
| BSE: 504823 | |
| Industry | Steel |
| Founded | 1962, Mumbai |
| Headquarters | , |
Key people | Hitesh Patel, Chairman; Somesh Jojare, Vice Chairman |
| Revenue | ₹1,342.91 crore (US$180 million) (2011)[1] |
| Parent | Mahindra Group |
| Website | Official Website |
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]
HistoryEdit
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.
AwardsEdit
- 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.[9]
ReferencesEdit
- ^ "Stock Share Price mahindra ugine steel coltd | Get Quote mahindugin | BSE". www.bseindia.com. Retrieved 20 October 2017.
- ^ "Mahindra Ugine Steel Co". Mahindra Group. 2011. Retrieved 24 February 2011.
- ^ "Mahindra Ugine eyes revival". The Hindu Business Line. 30 August 2002. Retrieved 24 January 2011.
- ^ "The 20 Largest Companies in India". Rediff.com. 10 December 2010. Retrieved 18 February 2011.
- ^ "Company Profile". Mahindra Ugine Steel. Retrieved 24 February 2011.
- ^ "Mahindra Ugine Steel Co". Mahindra Group. 2011. Retrieved 24 February 2011.
- ^ "Alloy Steel". Mahindra.com. Retrieved 24 January 2011.
- ^ "Mahindra Ugine Steel Company Ltd". The Economic Times. Retrieved 8 June 2018.
- ^ "Awards". Mahindra Ugine Steel. Retrieved 24 February 2011.
External linksEdit
- Mahindra Ugine Steel Company to set up new manufacturing unit in Pantnagar
- Mahindra Systech to sell stake in Mahindra Ugine Steel
- Mahindra Ugine Steel to set up new unit in Pantnagar