Sanyo Special Steel Manufacturing India Pvt. Ltd. (“SSMI”) (Formerly, Mahindra Sanyo Special Steel Private Limited) (SSMI), was a joint venture entered in the year September 2012 between Mahindra & Mahindra Limited., India( “Mahindra”), Sanyo Special Steel Co., Ltd., Japan(Sanyo, Japan”) and Mitsui & Co., Ltd., Japan(“Mitsui , Japan”). In the year March 2019, the shareholding in the Company has been changed with Sanyo Special Steel Co., Ltd., holding majority Shares in the share capital of the Company. Presently, SSMI is a subsidiary of Sanyo Special Steel Co. Ltd.., and Nippon Steel Corporation, Japan is its Ultimate Holding Company.
On 27th April, 2023, Mahindra has sold and transferred its entire shareholding in the Company to Sanyo, Japan and has exited from the Joint venture and as shareholder of the Company.
On 24th May, 2024, Mitsui, Japan has sold and transferred its entire shareholding in the Company to Sanyo, Japan and exited from the joint venture and as shareholder of the Company. Presently, Sanyo, Japan is holding entire shares in the share capital of the Company.
SSMI is a leading, pioneer manufacturer of Carbon, Alloy & Tool Die Steels in As Cast, Forged, Rolled, Turned, Heat treated and Ring forged supply condition. The long products are with different shapes of Ingots, Blooms, Slabs Billets, Bars, Rings and are offered in various sizes as per national, international and Customers’ specifications.
These high-quality steels find applications in different sectors of industries like Automobile, Bearing, Engineering, Oil gas & Mining, Railways etc.
As India's leading alloy and special steel manufacturer, SSMI is the preferred supplier to many multinational and domestic customers as well as the government for more than 50 years. Situated at Khopoli, Maharashtra (India), and 90 km from Mumbai, adjacent to Mumbai - Pune National Highway. SSMI is spread over a plant area of 25 hectares.
With ISO IATF 16949, ISO 14001, OHSAS 18001 & ISO 50001 certifications, SSMI’s vision is “To be the most admired, successful and socially responsible special steel manufacturer in India”.
