Mahindra Ugine Steel

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]

Mahindra Ugine Steel

Company type	Public
Traded as	BSE: 504823 NSE: MAHINDUGIN
Industry	Steel
Founded	1962, Mumbai
Headquarters	Mumbai, Maharashtra , India
Key people	Hitesh Patel (Chairman) Somesh Jojare, Vice Chairman
Revenue	₹1,342.91 crore (US$160 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]

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

• Caterpillar for supply of high quality steel bars.^[9]