- Business
- Sunflag Iron and Steel Company Limited manufactures and sells special steel rolled products, including super alloys, tool steels, spring steels, free cutting steels, forging steels and ingots, microalloyed steels, engine valve steels, cold forging steels, bearing steels, stainless steels, carbon steels, high strength steels and valve steels; it offers these in profiles such as round bars and coils, rolled bars and wires, round cornered squares, hexagonal bars and wires, flats and bright bars (peeled, drawn or ground). The company operates an integrated steel plant in Bhandara, Maharashtra, with a capacity of 500,000 tonnes per annum using iron ore, liquid pig iron and sponge iron as inputs, supported by captive thermal power generation. Incorporated in 1984 and headquartered in Nagpur, India, Sunflag serves automotive, railway, defence, general engineering, machinery, power, construction and projects sectors, exporting to Southeast Asia, North and South America, South Africa, the European Union, Japan, Taiwan, Australia, Switzerland, the United Kingdom and Ireland.
Sunflag maintains technical collaboration with Daido Steel Co., Japan since 2010 for process improvements, new grade development and localization support; its manufacturing and quality systems are certified under ISO 9001, IATF 16949, ISO 14001 and other standards, with NABL-accredited laboratories.
In April 2025, the company signed a long-term power purchase agreement with Sunsure Solarpark Thirty Seven Private Limited and acquired a 26% stake for Rs. 5.72 crore to bolster renewable energy integration.