Facor Steels
Facor Steels is a publicly listed Indian specialty steel manufacturer (founded 1956, Nagpur, BSE: 532657) producing carbon, alloy, stainless, and special steel; available signals indicate the company is likely non-operational.
- Company typePrivate
- Founded1956
- HeadquartersNagpur, India
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
Facor Steels firmographics
Firmographics- Name
- Facor Steels
- Website
- https://facorsteel.com
- Company type
- Private
- Founded year
- 1956
- Operating status
- Closed
- Headcount range
- 501–1,000 employees
- Short description
- Facor Steels is a publicly listed Indian specialty steel manufacturer (founded 1956, Nagpur, BSE: 532657) producing carbon, alloy, stainless, and special steel; available signals indicate the company is likely non-operational.
- Ownership category
- akta.pro rank
Facor Steels industry classification
Industry- Product category
- Steel Manufacturing
- NAICS
- Iron and Steel Mills and Ferroalloy Manufacturing (331110)
- SIC
- Steel Works, Blast Furnaces & Rolling & Finishing Mills (3310)
- akta.pro primary industry
- Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA) (IMAKABAJ)
- akta.pro secondary industry
- Integrated Steelmaking (BF-BOF) (IMAKABAA)
Keywords
Where Facor Steels is headquartered
LocationHeadquarters
- HQ city
- Nagpur
- HQ country
- India
- HQ region
- Asia
Markets served
Facor Steels business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales, Others
Facor Steels product offering
Product offeringCore offering
Facor Steels is a steel manufacturing company that produces carbon steel, alloy steel, stainless steel, and special steel. The company operates steel-making facilities and supplies industrial-grade steel products to downstream customers. Its corporate website has expired and is no longer accessible.
Differentiator
Problem solved
Functional benefit
Products and services
- Carbon Steel
Companies that use Facor Steels
Customer profileIdeal customer profiles1 record
Facor Steels technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Facor Steels competitors and assessment
Company assessmentDirect peers
- Mahindra Sanyo Special Steel: Manufacturer of specialty and stainless steel primarily for automotive and engineering applications. Closely comparable to Facor Steels in stainless and special steel product focus and Indian industrial customer base.
- Kalyani Steels: Indian producer of carbon, alloy, and special steel for automotive, engineering, and energy applications. Comparable in product portfolio breadth and Indian specialty-steel positioning to Facor Steels.
- Sunflag Iron & Steel: Indian producer of carbon, alloy, and special steel bars for automotive, engineering, and railways. Comparable mid-sized specialty steel manufacturer with similar Indian end-market focus.
- Visa Steel (Visa Metal): Indian specialty steel and ferro chrome producer with a similar alloy/stainless steel focus. Relevant given parallel Indian specialty-steel exposure and comparable mid-cap scale.
- ISMT Ltd (Steel Tube Investments): Indian manufacturer of seamless tubes and alloy/special steel products for automotive and industrial markets. Directly comparable in alloy/special steel product mix and Indian industrial customer base.
- Mukand Ltd: Indian specialty steel and stainless steel producer serving engineering, automotive, and industrial customers. Directly comparable to Facor Steels in product mix (alloy/stainless/special steel) and mid-sized scale, with similar end-market exposure in India.
Broad incumbents
- Jindal Stainless: India's largest stainless steel producer with broad product portfolio and global footprint. Relevant as a large, established Indian stainless/specialty steel incumbent that competes for the same industrial customers as Facor Steels.
- Tata Steel: Major Indian and global steel producer with significant specialty and stainless steel capabilities. Relevant as a broad incumbent competing for the same Indian industrial buyers and a potential consolidator of distressed specialty assets.
- Steel Authority of India Limited (SAIL): India's largest state-owned integrated steel producer offering carbon, alloy, and stainless grades. Comparable in Indian steel market presence and broad product portfolio, though vastly larger in scale.
Regional players
- Bhilai Steel Plant (SAIL BSP): Central Indian integrated steel facility (Chhattisgarh) producing rails, plates, and structurals with growing special steel output. Geographically proximate to Facor Steels' Nagpur base and serving overlapping central-Indian industrial markets.
Market position
Customer concentration
Facor Steels social profiles
Digital presenceFacor Steels financial estimates
Financial estimateRevenue estimate
Valuation estimate
Facor Steels leadership team
Management profileNumber of profiles
Facor Steels funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Facor Steels M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Facor Steels
What does Facor Steels do?
Facor Steels is a steel manufacturing company that produces carbon steel, alloy steel, stainless steel, and special steel. The company operates steel-making facilities and supplies industrial-grade steel products to downstream customers. Its corporate website has expired and is no longer accessible.
Is Facor Steels a public or private company?
Facor Steels is a private company. It is classified as public and is currently closed.
When was Facor Steels founded?
Facor Steels was founded in 1956. It employs 501 to 1,000 people.
Where is Facor Steels based?
Facor Steels is headquartered in Nagpur, India, in the Asia region.
Who are Facor Steels's main competitors?
Direct peers on record are Mahindra Sanyo Special Steel, Kalyani Steels, Sunflag Iron & Steel, Visa Steel (Visa Metal), ISMT Ltd (Steel Tube Investments) and Mukand Ltd. Broad incumbents are Jindal Stainless, Tata Steel and Steel Authority of India Limited (SAIL). Bhilai Steel Plant (SAIL BSP) is listed as a regional player.
Does Facor Steels have an API?
No public API is recorded for Facor Steels.
What industry is Facor Steels in?
Facor Steels's product category is Steel Manufacturing. Its primary akta.pro industry code is IMAKABAJ, Specialty & Alloy Steel (Stainless, Tool Steel, Electrical Steel, High-Strength/HSLA), with a secondary code of IMAKABAA, Integrated Steelmaking (BF-BOF). Its NAICS code is 331110 and its SIC code is 3310.