Scan Steels Ltd. (India)

Scan Steels Ltd is a company based in Mumbai, India. It was incorporated on 11.12.1990 as a private limited company and subsequently converted to a public limited company on 18.03.1996. The company is a leader in TMT manufacturing in Odisha and has its manufacturing facilities in the industrial town of Rajgangpur, Odisha, as well as in Bellary, Karnataka. Scan Steels Ltd is primarily engaged in manufacturing Iron & Steel products like MS Billets and TMT rods through the secondary steel manufacturing route. They produce TMT bars under the brand name "SHRISHTII TMT" and corrugated profile sheets under the brand name "SHRISHTII ROOFING". The company has grown and expanded over the years, with an integrated steel plant in Rajgangpur that has a capacity of one lakh tons of TMT manufacturing. They also have their own captive power plant and other facilities required for steel making. The company has focused on minimizing production costs and increasing efficiencies by using new technologies and processes. They have also worked towards wider market penetration by installing manufacturing facilities in four places in Odisha and Karnataka. Additionally, they have reduced their energy dependence on the state grid by installing a captive power plant in Odisha. Scan Steels Ltd is listed on the BSE and has a market capitalization of approximately 200 Crores. Their registered office is located in Mumbai, while their corporate office is in Bhubaneswar and their works office is in Rajgangpur, Odisha. Their main products include MS Billets, SHRISHTII TMT, SHRISHTII Structural, SHRISHTII Roofing, and Fly Ash Bricks.