Mahindra Ugine Steel
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 | |
| Company type | Public |
|---|---|
| Industry | Steel |
| Founded | 1962, Mumbai |
| Headquarters | , India |
Key people |
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| Revenue | ₹1,342.91 crore (US$160 million) (2011)[1] |
| Parent | Mahindra Group |
| Website | Official 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]
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.
