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Annual salary range
2 - 8 years exp.
₹2.4
Lakhs - ₹6
Lakhs
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detailed salary insights 
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary
Average annual salary for most employees Salary comparison with similar companies Estimated monthly take-home salary32% less than the average Mechanical Engineer Salary in Iron & Steel Companies for 2 - 8 years of experience
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Salaries in different departments
Production, Manufacturing & Engineering
Mechanical Engineer Salary
4 - 8
years
exp.
(6
salaries)
|  ₹2.8 L/yr - ₹6 L/yr |
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| |
Construction & Site Engineering
Mechanical Engineer Salary
2 - 3
years
exp.
(AmbitionBox Estimate)
| ₹2 L/yr - ₹2.4 L/yr |
Companies similar to Steel Industries for Mechanical Engineer
| Company name | Avg Annual Salary | Open Jobs |
|---|---|---|
 Tata Steel Mechanical Engineer Salary
1 - 10 years exp. (413 salaries) | ₹1.2 L/yr - ₹9.3 L/yr 
45%
more | |
 JSW Steel Mechanical Engineer Salary
0 - 13 years exp. (189 salaries) | ₹1.5 L/yr - ₹9.3 L/yr
62%
more | |
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| ||
 Steel Authority Of India Mechanical Engineer Salary
0 - 8 years exp. (7 salaries) | ₹2.1 L/yr - ₹9.8 L/yr
65%
more | |
 ArcelorMittal Nippon Steel Mechanical Engineer Salary
1 - 7 years exp. (123 salaries) | ₹1.3 L/yr - ₹8 L/yr
49%
more | |
 ArcelorMittal Mechanical Engineer Salary
0 - 6 years exp. (11 salaries) | ₹2 L/yr - ₹6 L/yr
14%
more | |
 Jindal Steel and Power Mechanical Engineer Salary
1 - 16 years exp. (91 salaries) | ₹1.8 L/yr - ₹8.4 L/yr
64%
more | |
 Bhushan Power & Steel Mechanical Engineer Salary
2 - 12 years exp. (123 salaries) | ₹2.5 L/yr - ₹7.5 L/yr
61%
more | |
 Vizag Steel Mechanical Engineer Salary
0 - 7 years exp. (12 salaries) | ₹1 L/yr - ₹6.5 L/yr
16%
more | |
 ESL Steel Mechanical Engineer Salary
3 - 14 years exp. (28 salaries) | ₹3.6 L/yr - ₹7.2 L/yr
86%
more | |
 Rashmi Metaliks Mechanical Engineer Salary
1 - 9 years exp. (77 salaries) | ₹1.8 L/yr - ₹5.5 L/yr
15%
more | |
 SHYAM METALICS AND ENERGY Mechanical Engineer Salary
2 - 6 years exp. (69 salaries) | ₹2 L/yr - ₹6 L/yr
12%
more | |
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| ||
 Viraj Profiles Mechanical Engineer Salary
2 - 6 years exp. (49 salaries) | ₹2.2 L/yr - ₹5.3 L/yr
8%
more | |
 Jai Balaji Group Mechanical Engineer Salary
1 - 8 years exp. (47 salaries) | ₹1.8 L/yr - ₹4.5 L/yr
10%
more | |
 Jindal Stainless Mechanical Engineer Salary
2 - 9 years exp. (42 salaries) | ₹2.5 L/yr - ₹6.4 L/yr
37%
more | |
 Electrotherm Mechanical Engineer Salary
1 - 8 years exp. (38 salaries) | ₹1.8 L/yr - ₹4.8 L/yr
20%
more | |
 Jindal Saw Mechanical Engineer Salary
0 - 11 years exp. (32 salaries) | ₹2 L/yr - ₹8.5 L/yr
30%
more | |
 Jayaswal Neco Industries Mechanical Engineer Salary
1 - 7 years exp. (24 salaries) | ₹2.1 L/yr - ₹5 L/yr
2%
more | |
 POSCO MAHARASHTRA STEEL Mechanical Engineer Salary
4 - 10 years exp. (17 salaries) | ₹4 L/yr - ₹6.8 L/yr
70%
more | |
 Rashmi Group Mechanical Engineer Salary
2 - 9 years exp. (17 salaries) | ₹2.7 L/yr - ₹4.4 L/yr
8%
more | |
 Shyam Steel Industries Mechanical Engineer Salary
2 - 6 years exp. (16 salaries) | ₹2.5 L/yr - ₹4.4 L/yr
10%
more | |
View all
Mechanical Engineer salary at Steel Industries ranges between ₹2.4
Lakhs
to ₹6
Lakhs
per year for employees with experience between 2 years to 8 years. Salary
estimates are based on
8 latest salaries received
from various employees of Steel Industries.
Latest annual salaries shared by Steel Industries Mechanical Engineer
2mo ago
8
years
exp.
1y ago
8
years
exp.
1y ago
3
years
exp.
1y ago
6
years
exp.
1y ago
2
years
exp.
1y ago
7
years
exp.
Experience wise Steel Industries Mechanical Engineer salaries
Last Updated: 20 Nov 2024
| Experience | Avg Annual Salary |
|---|---|
| 2 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹5.5
L/yr
|
| 3 years (AmbitionBox Estimate) |
₹2.4
L/yr
- ₹5.6
L/yr
|
Login to view exact salary
| |
| 4 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹5.6
L/yr
|
| 5 years (AmbitionBox Estimate) |
₹3.1
L/yr
- ₹5.6
L/yr
|
| 6 years (AmbitionBox Estimate) |
₹2.8
L/yr
- ₹5.7
L/yr
|
View all
Similar Designation salaries in Steel Industries
Salary related reviews for Steel Industries
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Salary Discussions, Hike & Promotions
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a social media specialist
Salary Expectations
I am a Social Media Specialist with over 4 years of experience and was earning around 4.5 LPA in my previous role. When I joined my current organization, I discovered that my manager, with just 2.5 years of work experience, was earning a compensation of 7.6 -8.2 LPA (approx). This was quite surprising to me, and it made me question the market standards.
I am currently looking to switch roles and, based on my research through Glassdoor and other sources, I am expecting a package of 7-8 LPA. However, many HRs I’ve spoken to feel that even 6 LPA is too high.
What should be the ideal salary expectation for someone with my experience in the current market?
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Steel Industries Mechanical Engineer Salary FAQs
What is the salary of Mechanical Engineer at Steel Industries?
Mechanical Engineer salary at Steel Industries in India ranges between ₹2.4 Lakhs to ₹6.0 Lakhs for experience between 2 years to 8 years. According to our estimates it is 32% less than the average Mechanical Engineer Salary in India. Salary estimates are based on 8 latest salaries received from various employees of Steel Industries India.
How does the salary of a Mechanical Engineer at Steel Industries India compare with the average salary range for this job?
The average salary of a Mechanical Engineer at Steel Industries is 32% less than the average salary of a Mechanical Engineer in India. To know exact salary insights, login to view.
Which similar companies are paying more than Steel Industries to a Mechanical Engineer in India?
- Tata BlueScope Steel Mechanical Engineer Salary - ₹6.4 Lakhs to ₹6.5 Lakhs per year
- Indian Metals & Ferro Alloys Mechanical Engineer Salary - ₹3.0 Lakhs to ₹9.0 Lakhs per year
- ESL Steel Mechanical Engineer Salary - ₹3.6 Lakhs to ₹7.2 Lakhs per year
- POSCO MAHARASHTRA STEEL Mechanical Engineer Salary - ₹4.0 Lakhs to ₹6.8 Lakhs per year
- Steel Authority Of India Mechanical Engineer Salary - ₹2.1 Lakhs to ₹9.8 Lakhs per year
What is the salary of a Mechanical Engineer in companies similar to Steel Industries in India?
- Jindal Steel and Power Mechanical Engineer Salary - ₹1.8 Lakhs to ₹8.4 Lakhs per year
- JSW Steel Mechanical Engineer Salary - ₹1.5 Lakhs to ₹9.3 Lakhs per year
- Bhushan Power & Steel Mechanical Engineer Salary - ₹2.5 Lakhs to ₹7.5 Lakhs per year
- Kirloskar Ferrous Industries Mechanical Engineer Salary - ₹1.8 Lakhs to ₹6.3 Lakhs per year
- JSW Group Mechanical Engineer Salary - ₹2.1 Lakhs to ₹5.1 Lakhs per year
What is the estimated take home salary of a Mechanical Engineer at Steel Industries in India?
The estimated take-home salary of a Mechanical Engineer at Steel Industries ranges between ₹22,474 per month to ₹23,950 per month in India. The take-home salary calculation is based on the average Steel Industries Mechanical Engineer salary in India which ranges between ₹2.4 Lakhs to ₹6.0 Lakhs per year for employees with experience between 2 years to 8 years. Check how did we calculate take home salary?
What is the notice period for Mechanical Engineer at Steel Industries?
According to AmbitionBox, 44% of the Steel Industries Mechanical Engineers reported a notice period of 15 days or less, 45% reported a notice period of 1 Month and the remaining reported other notice period durations. This is based on 9 responses on AmbitionBox in last 2 years.
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Steel Industries Mechanical Engineer Salaries by Location
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Steel Industries Mechanical Engineer salary
in
India
ranges between ₹2.4
Lakhs to ₹6
Lakhs with an average annual salary of
₹. Salary estimates are based on
8
Steel Industries latest salaries received from various employees of
Steel Industries.