India Steel Industries, previously called Isibars, has been producing bright bars since 1957. In addition to our bright bar plant in Central Mumbai, in 1990 we set up another plant in Turbhe, Navi Mumbai for the manufacture of stainless steel bright bars. Soon thereafter, the company was listed on the Bombay Stock Exchange with an initial public offer of Rs. 16.7 million, which was heavily oversubscribed.

We integrated backwards into steel melting and hot-rolling by acquiring a plant in Khopoli, and we expanded capacity, upgraded technology and increased product range. We then started a wire division by setting up a wire-drawing plant at Savroli under the name Isinox Steels Ltd. In 1998 we acquired a state-of-the-art bar < rod rolling mill from Pomini S.p.A. of Italy.

Through continuous process and product improvement, and a commitment to customer satisfaction, India Steel is well on its way to becoming a leading global player in stainless steel long products.