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When it comes to steel manufacturing and production, SAIL and Tata Steel are the two most prestigious names in the country. Whether it’s regarding the quality and types of steel offered, or steel’s durability, or the stock price, there’s a never ending debate on SAIL vs Tata Steel. That is, when you compare the two leading brands, is it recommended to buy Tata Steel or SAIL products?
In this article, we’ll take a look at the two brands: Tata Steel and SAIL and understand how the steel products offered are different in terms of quality, types, durability, price and other factors.
SAIL vs Tata Steel – Overview
SAIL or Steel Authority of India Limited is a central PSU, with an estimated annual turnover of US$13 billion (fiscal year 2022-23). It is the largest government owned steel producer in the country. For more details on SAIL, visit: sail.co.in/en
Tata Steel Limited is a part of the Tata Group and is one of the largest steel producing companies worldwide with operations across geographies. It’s the largest steel producer in India, with an annual turnover of US$31 billion (excluding SEA operations). For more details on Tata Steel, visit: tatasteel.com/
Tata Steel and SAIL have their own captive iron ore mines.
(Also read: Tata Steel – the first Indian steel company to use LNG cape-size carrier and its efforts towards sustainability)
Tata Steel and SAIL: Differences, similarities, products, industries, stocks
| SAIL | Tata Steel | |
| Inception | Founded in 1954, headquartered at New Delhi (Maharatna company) | Founded in 1907, headquartered at Mumbai (formerly known as TISCO – Tata Iron and Steel Company Limited) |
| Company type | Central PSU under the Ministry of Steel, Government of India | Indian multi-national steel maker, a part of the Tata Group of companies |
| Annual turnover | US$ 13 billion (for fiscal year 2022-23) | US$ 31 billion for year ending 2023 (turnover excluding SEA operations) |
| Avg. capacity | 18.29 million metric tonnes annual production | 21.6 million tonnes |
| Plant location / Operations | Bhilai, Rourkela, Durgapur, Bokaro, Burnpur (Asansol) – all integrated steel plants | Jamshedpur with manufacturing operations across 26 countries mainly the UK and Netherlands |
| Industries served | All sectors and global markets | Automotive, construction, engineering, energy and power, rail and defence, aerospace, shipbuilding etc. |
| Acquisitions/JVs | JVs –
· NTPC SAIL Power Company Limited – 50:50 JV between NTPC and SAIL · Bokaro Power Supply Company Pvt. Ltd – 50:50 JV between SAIL and Damodar Valley Corporation (DVC) · Mjunction Services Ltd. – SAIL and Tata Steel running an eMarketplace for steel |
Acquisitions –
· NatSteel (Singapore) · Millennium Steel (Thailand) · Corus (Anglo-Dutch) · Bhushan Steel · Usha Martin (steel division) JVs – · Tata BlueScope Steel Ltd. – Tata Steel and BlueScope · JCAPCPL – Tata Steel and Nippon Steel |
| Products list | · TMT bars
· Plates · Wire Rods · Galvanised products · Pipes · Hot Rolled products · Cold Rolled products · Pig iron · Stainless steel · Wheels and Axels · Structurals · Electrical steels · Semis |
· TMT bars
· Steel wires · Hot Rolled products · Cold Rolled products (sheets and coils) · Coated products · Galvanised products (sheets and coils) · Agricultural and construction tools · Tradesmen hand tools · Bearings (ball bearings, roller bearings) · Steel tubes and pipes |
| Listed on | Bombay Stock Exchange (BSE) and National Stock Exchange of India (NSE) | Bombay Stock Exchange (BSE SENSEX) and National Stock Exchange of India |
| Share price | ₹88.85* (15 Nov’23) | ₹122.85* (15 Nov’23) |
*Price as on 15 Nov, 2023
The global demand for steel has been on the rise consistently, and India being the 2nd largest crude steel producer in the world, accounts for almost 15% of the global demand. The importance for steel in construction and steel in the automotive sector has further accelerated the demand for steel.
As such, when you are looking at Tata Steel or SAIL products, you need to understand the product type and steel cost, availability, taxes and other parameters before placing an order. In the next section, we will take a look at the products and steel price list for SAIL vs Tata Steel to help you learn more about the two leading steel companies.
Top products and price list – Tata Steel and SAIL
As leading steel manufacturers in the country, SAIL and Tata Steel both offer quality products to their customers. They offer a wide range of steel products across TMT bars, coils, sheets, HRC and CRC, galvanised steel and more. Let us take a look at the different products and the steel price list at Tata Steel vs Steel Authority of India Limited.
Also read: Tata Steel procurement process
TMT bar price – Tata Steel vs SAIL
TMT bars or thermos mechanically treated bars are one of the most commonly used steel bars used in the construction of buildings, flyovers, bridges, industrial structures, etc. They are resistant to fire, earthquakes and corrosion, flexible, strong and cost-effective. They are available in different sizes and grades including Fe 415, Fe 500, Fe 550 and Fe 600. Here are some tips to buy TMT bars in India to help you make an informed decision.
Tata Steel vs SAIL TMT steel price
| SAIL TMT bars | Tata Steel TMT bars |
| Type: Fe 500D, Location: West Bengal
SAIL TMT bar price list* · 8mm – ₹57,750+ per tonne · 10 mm – ₹55,750+ per tonne · 12 mm – ₹55,250+ per tonne |
Type: Tata Tiscon 550 SD, Location: Howrah, West Bengal
Tata Steel TMT bar price* (per piece) · 8mm – ₹396 · 10 mm – ₹604 · 12 mm – ₹854 |
| Type: Fe 550
SAIL TMT steel bar rate* · 8mm – ₹70,300+ per tonne · 10 mm – ₹70,300+ per tonne · 12 mm – ₹69,000+ per tonne |
Type: Tata Tiscon 550 SD, Location: Mumbai, Maharashtra
Tata Steel TMT bar rate* (per piece) · 8mm – ₹379 · 10 mm – ₹578 · 12 mm – ₹814 |
*Prices are indicative and subject to change. Additional charges may be added for GST + taxes, transport cost, packaging cost etc. Prices are state and city specific. Prices may vary for wholesalers, retailers, manufacturers. Always speak with your seller before purchase.
Also read: Check today steel price in Bangalore and the list of Tata Steel products
Hot rolled steel price in India – Tata Steel vs SAIL
Tata Astrum offers quality hot rolled coils (HRC) and sheets for manufacturing and infrastructure projects. The HR steel is offered in different grades, thickness and width to cater to diverse business requirements. Hot rolled steel can be used for automotive parts, agricultural equipment, railroad equipment and more.
SAIL vs Tata Steel hot rolled steel coils and sheets price in India
| SAIL hot rolled steel* | Tata Steel hot rolled steel* |
| · HR sheet (1.6 mm – 10mm) – starting from ₹48,000/ metric tonne
· HR coils – ₹45,500/metric tonne |
· HR coils sheet – ₹60,500/ metric tonne
· HR sheet coil – ₹57,500/ metric tonne |
*Prices are indicative and subject to change. Additional charges may be added for GST + taxes, transport cost, packaging cost etc. Prices are state and city specific. Prices may vary for wholesalers, retailers, manufacturers. Always speak with your seller before purchase.
Also read: Check steel price in Delhi today
Cold rolled steel price – SAIL and Tata Steel
SAIL’s cold rolled products can be used in auto parts, general engineering and fabrication, white goods, precision tubes, drum and barrel and more. Tata Steelium (Tata Steel) offers CR sheets and coils for auto ancillary, furniture, panels and general engineering. These are known for their weldability and formability.
SAIL vs Tata Steel cold rolled steel rate
| SAIL cold rolled steel* | Tata Steel cold rolled steel* |
| · CRC cold rolled coils (0.5 mm – 2mm) –₹46,000/metric tonne
· Cold rolled steel sheets (0.8mm – 1.6mm) – ₹49,000/metric tonne |
· CR coils – ₹46,500/metric tonne
· CRCA strip coil – ₹65/kg · CR coil (0.5mm – 3.00mm for automotive sector) – ₹64.5/kg |
*Prices are indicative and subject to change. Additional charges may be added for GST + taxes, transport cost, packaging cost etc. Prices are state and city specific. Prices may vary for wholesalers, retailers, manufacturers. Always speak with your seller before purchase.
Also read: Check steel prices in Chennai and what is CRCA steel?
Tata Steel vs SAIL – How to buy steel? Which is better?
As can be understood, both Tata Steel and SAIL have a wide portfolio of offering for their customers and those who wish to purchase steel for their business. In India, there are several other top companies in the steel sector in India, which makes it often challenging for buyers to buy the right steel as per their requirement.
SAIL and Tata Steel both provide quality steel. Their manufacturing process is authentic and the products undergo the required quality tests. As such, as a buyer you may consider buying from any brand after checking the final price, payment terms, and any other terms/conditions.
Also read: ISO registration and IS code for steel
