About Us

Monnet is one of the few companies that have fully indigenised and imbibed the technology for Sponge Iron manufacturing. By leveraging the backward and forward integration of activities and successfully implementing 100% indigenous technology, MIEL, in a short span of time has emerged as one of the leading Steel & Ferro alloys manufacturer in the country.

Monnet is India’s Second Largest Sponge Iron Manufacturing Company with an Annual Production of 1 Million Tons Per Annum. Monnet is marketing 1.5 MTPA of Sponge Iron, Ferro Alloys, Mild Steel Billets, Mild Steel Ingots & Rolled Products from it’s integrated plants at Raipur and Raigarh with dedicated customer and distribution network through India. Moving such major volumes of raw materials and finished products has given Monnet a tremendous exposure in Logistics.

The company is further expanding the capacities of it’s steel and sponge Iron making facilities and setting up green field steel plants in Raigarh (Chhattisgarh) and Angul (Orissa) which would propel it’s total steel capacity to 3.0 MTPA and Sponge Iron to 2.3 MTPA by 2010-11

We are one of the major manufacturers of Ferro alloys in the country with current capacity of 70000 MTPA.

Monnet brings with an advantage of understanding the entire value chain from mining of raw material to producing the finished product and feels the pulse of the market. It is a realization leader in all the categories in which it operates.