Mahindra Ugine Steel

Mahindra Ugine Steel
Public (BSE: 504823)
Industry Steel
Founded 1962, Mumbai
Headquarters Mumbai, Maharashtra, India
Key people
 Hitesh Patel, Chairman; Somesh Jojare, Vice Chairman
Revenue ₹1,342.91 crore (US$190 million) (2011)[1]
Parent Mahindra Group
Website Official Website

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]

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

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

  • 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]

References

  1. ↑ "Stock Share Price mahindra ugine steel coltd | Get Quote mahindugin | BSE". www.bseindia.com. Retrieved 2017-10-20.
  2. ↑ "Mahindra Ugine Steel Co". Mahindra Group. 2011. Retrieved 2011-02-24.
  3. ↑ "Mahindra Ugine eyes revival". The Hindu Business Line. 2002-08-30. Retrieved 2011-01-24.
  4. ↑ "The 20 Largest Companies in India". Rediff.com. 2010-12-10. Retrieved 2011-02-18.
  5. ↑ "Company Profile". Mahindra Ugine Steel. Retrieved 2011-02-24.
  6. ↑ "Mahindra Ugine Steel Co". Mahindra Group. 2011. Retrieved 2011-02-24.
  7. ↑ "Alloy Steel". Mahindra.com. Retrieved 2011-01-24.
  8. ↑ "Mahindra Ugine Steel Company Ltd". The Economic Times. Retrieved 8 June 2018.
  9. ↑ "Awards". Mahindra Ugine Steel. Retrieved 2011-02-24.
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