Magnum Mi Steel Manager Salaries by 7 Employees (Updated 2025)

9 - 19 years exp.

₹8 Lakhs - ₹10 Lakhs

Salary of majority employees

43% less than the average Manager Salary in Iron & Steel Companies for 9 - 19 years of experience

Interested in this particular role?

Salaries in different departments

Production, Manufacturing & Engineering Manager Salary 17 - 19 years exp. (AmbitionBox Estimate)	₹8.4 L/yr - ₹10 L/yr
Project & Program Management Manager Salary 16 years exp. (AmbitionBox Estimate)	₹8 L/yr - ₹9.6 L/yr
Login to view exact salary
Research & Development Manager Salary 9 - 10 years exp. (AmbitionBox Estimate)	₹8.1 L/yr - ₹10 L/yr
Customer Success, Service & Operations Manager Salary 9 years exp. (AmbitionBox Estimate)	₹8.8 L/yr - ₹10.8 L/yr

Last Updated: 22 Jan 2025

Companies similar to Magnum Mi Steel for Manager

Company name	Avg Annual Salary	Open Jobs
Tata Steel Manager Salary 0 - 20 years exp. (1.6k salaries)	₹6 L/yr - ₹20.5 L/yr 52% more	1 job opening
JSW Steel Manager Salary 7 - 19 years exp. (1.1k salaries)	₹7 L/yr - ₹26.1 L/yr 63% more
Login to view exact salary
Steel Authority Of India Manager Salary 8 - 13 years exp. (122 salaries)	₹10 L/yr - ₹30.4 L/yr 154% more
ArcelorMittal Nippon Steel Manager Salary 10 - 19 years exp. (503 salaries)	₹7.1 L/yr - ₹21 L/yr 50% more
Jindal Steel and Power Manager Salary 11 - 22 years exp. (611 salaries)	₹7.6 L/yr - ₹24.2 L/yr 81% more
Vedanta Limited Manager Salary 11 - 17 years exp. (39 salaries)	₹17 L/yr - ₹39.8 L/yr 184% more
ArcelorMittal Manager Salary 10 - 18 years exp. (109 salaries)	₹7.3 L/yr - ₹25 L/yr 90% more
Bhushan Power & Steel Manager Salary 11 - 20 years exp. (79 salaries)	₹5.8 L/yr - ₹18.5 L/yr 39% more
Vizag Steel Manager Salary 9 - 14 years exp. (58 salaries)	₹12 L/yr - ₹26 L/yr 128% more
Monnet Group Manager Salary 11 - 22 years exp. (7 salaries)	₹6.2 L/yr - ₹11.5 L/yr 4% less
Jindal Group Of Companies Manager Salary 3 - 13 years exp. (22 salaries)	₹9 L/yr - ₹24 L/yr 57% more
Login to view exact salary
AVON TUBETECH Manager Salary 9 - 27 years exp. (12 salaries)	₹6.8 L/yr - ₹11 L/yr 4% more
Mukand Sumi Special Steel Manager Salary 10 - 21 years exp. (10 salaries)	₹12.5 L/yr - ₹18 L/yr 78% more
Ramco Steels Manager Salary 8 - 22 years exp. (6 salaries)	₹8.4 L/yr - ₹12.5 L/yr 17% more
Allied Hitech Industries Manager Salary 0 - 18 years exp. (6 salaries)	₹8 L/yr - ₹10.4 L/yr 4% more
Ms Agarwal Foundries Manager Salary 8 - 14 years exp. (5 salaries)	₹7 L/yr - ₹11 L/yr 6% more
Jsl Lifestyle Manager Salary 7 - 16 years exp. (5 salaries)	₹8.3 L/yr - ₹13.2 L/yr 35% more
Shilpa Steel and Power Manager Salary 9 - 18 years exp. (4 salaries)	₹4.1 L/yr - ₹10 L/yr 23% less
Patton International Manager Salary 12 - 25 years exp. (4 salaries)	₹7.4 L/yr - ₹15 L/yr 6% more
Shri Mahavir Ferro Alloys Manager Salary 10 - 18 years exp. (4 salaries)	₹8.4 L/yr - ₹9.3 L/yr 4% less

View all

Manager salary at Magnum Mi Steel ranges between ₹8 Lakhs to ₹10 Lakhs per year for employees with experience between 9 years to 19 years. Salary estimates are based on 7 latest salaries received from various employees of Magnum Mi Steel.

Experience wise Magnum Mi Steel Manager salaries

Last Updated: 22 Jan 2025

Experience	Avg Annual Salary
9 years (AmbitionBox Estimate)	₹8.1 L/yr - ₹9.8 L/yr
10 years (AmbitionBox Estimate)	₹3.7 L/yr - ₹10 L/yr
Login to view exact salary
11 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
12 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
13 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
14 years (AmbitionBox Estimate)	₹8.2 L/yr - ₹10.5 L/yr
15+ years (4 salaries)	₹8 L/yr - ₹10 L/yr

View all

Similar Designation salaries in Magnum Mi Steel

Deputy Manager Salary

(5 salaries)

₹8.05 L/yr - ₹10.8 L/yr

Salary related reviews for Magnum Mi Steel

4.3

Rated by 5 employees for salary & benefits

Production Engineer in Delhi

Mechanical engineering Department

5.0

• posted on 11 Jun 2021

2.0

for Salary and Benefits

Likes

Good work environment and culture.company policies are good, appraisal are fair and they good salary and bonus every year .

Skill development - Excellent

+5 more

Dislikes

There is a lot of politics and the management address our issues.on the job training is not good.

Salary - Poor

Dispatch Supervisor in New Delhi

Full Time

Procurement & Supply Chain Department

5.0

• posted on 24 Apr 2024

2.0

for Salary and Benefits

Likes

The only thing is that they are good into business

Dislikes

The work culture is bad and don’t have fixed off on sat. There is no time table at the time of interview they say 8 hrs job but it extend up to 12-13 hours with no overtime.

Salary - Poor

+4 more

Store Incharge in Gurgaon / Gurugram

Full Time

Procurement & Supply Chain Department

5.0

• posted on 06 Nov 2023

1.0

for Salary and Benefits

Likes

This is a very nice culture and good seniors behaviour and good performance but not promotions improvement.

Skill development - Excellent

+3 more

Dislikes

Company culture good but Some people do very bad politics which I don't like politics system.

Salary - Bad

+1 more

Assistant Manager- Purchase in Bawal

Full Time

Procurement & Supply Chain Department

4.0

• posted on 17 Jul 2019

3.0

for Salary and Benefits

Likes

Magnum MI Steel, company is too good for a local Employees to grow and learning.

Skill development - Good

+3 more

Dislikes

About dislike is nothing, all over organization is good. But there is not available canteen where employees can sit and take rest in lunch time. I don't want to say about accommodating (food) but there should be a relexable place to take rest.

Executive in Gurgaon / Gurugram

Full Time

Production, Manufacturing & Engineering Department

1.0

• posted on 02 Oct 2023

2.0

for Salary and Benefits

Likes

Outer looks of company.

Dislikes

No basic facility like Good quality Ro water for drinking & Toilet condition is worst. Plant head is very Rude and Egoist person only Tel pani person can servior there. NO basic culture to growth....My experience is worst with this company. No appreciation on work even I work for 15-16 hours some time as I was there in RND depart.

Salary - Poor

+5 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

YOE: 6.5, Domain: Management Consulting CCTC: 30 LPA (24LPA + 6LPA) Current Company: Infosys Consulting Have Two Offers in hand?, Which One should I pick? One from Infosys Consulting for Onsite (UK - London) Fixed: 52000 Pounds + 13000 Pounds Variable Another from American Express (band 35), Gurgaon CTC:42.8 LPA Fixed:36.4 LPA + Rest Variable

Got a question about Magnum Mi Steel?

Ask anonymously on communities.

Magnum Mi Steel Manager Salary FAQs

What is the salary of Manager at Magnum Mi Steel?

Manager salary at Magnum Mi Steel in India ranges between ₹8.0 Lakhs to ₹10.0 Lakhs for experience between 9 years to 19 years. According to our estimates it is 43% less than the average Manager Salary in India. Salary estimates are based on 7 latest salaries received from various employees of Magnum Mi Steel India.

How does the salary of a Manager at Magnum Mi Steel India compare with the average salary range for this job?

The average salary of a Manager at Magnum Mi Steel is 43% less than the average salary of a Manager in India. To know exact salary insights, login to view.

Which similar companies are paying more than Magnum Mi Steel to a Manager in India?

Vedanta Limited Manager Salary - ₹17.0 Lakhs to ₹39.8 Lakhs per year
Steel Authority Of India Manager Salary - ₹10.0 Lakhs to ₹30.4 Lakhs per year
Vizag Steel Manager Salary - ₹12.0 Lakhs to ₹26.0 Lakhs per year
ArcelorMittal Manager Salary - ₹7.3 Lakhs to ₹25.0 Lakhs per year
Jindal Steel and Power Manager Salary - ₹7.6 Lakhs to ₹24.2 Lakhs per year

What is the salary of a Manager in companies similar to Magnum Mi Steel in India?

Mukand Sumi Special Steel Manager Salary - ₹12.5 Lakhs to ₹18.0 Lakhs per year
JSW Steel Manager Salary - ₹7.0 Lakhs to ₹26.1 Lakhs per year
Jindal Group Of Companies Manager Salary - ₹9.0 Lakhs to ₹24.0 Lakhs per year
Tata Steel Manager Salary - ₹6.0 Lakhs to ₹20.5 Lakhs per year
ArcelorMittal Nippon Steel Manager Salary - ₹7.1 Lakhs to ₹21.0 Lakhs per year

What is the estimated take home salary of a Manager at Magnum Mi Steel in India?

The estimated take-home salary of a Manager at Magnum Mi Steel ranges between ₹66,387 per month to ₹68,084 per month in India. The take-home salary calculation is based on the average Magnum Mi Steel Manager salary in India which ranges between ₹8.0 Lakhs to ₹10.0 Lakhs per year for employees with experience between 9 years to 19 years. Check how did we calculate take home salary?

What is the notice period for Manager at Magnum Mi Steel?

According to AmbitionBox, 75% of the Magnum Mi Steel Managers reported a notice period of 1 Month, 25% reported a notice period of 2 Months.This is based on 4 responses on AmbitionBox in last 2 years.

Tell us how to improve this page.

Magnum Mi Steel Manager Salaries by Location

Home >
Salaries >
Magnum Mi Steel Salaries >
Magnum Mi Steel Manager Salaries

Magnum Mi Steel Manager salary in India ranges between ₹8 Lakhs to ₹10 Lakhs with an average annual salary of ₹. Salary estimates are based on 7 Magnum Mi Steel latest salaries received from various employees of Magnum Mi Steel.