Shyam Steel Industries Ltd. - Company Research Report
Company Overview
Name, Mission of the Company
Shyam Steel Industries Ltd
Mission: Shyam Steel is a pioneer in quality production of steel, guided by a philosophy to produce safe and sustainable steel using cutting-edge technology to meet the stringent requirements of its reputed customers both in India and abroad.
Founding and Key Information
- Founded: 1953
- Founder: No information is available.
- Headquarters: West Bengal, India
- Number of Employees: No information is available.
- Revenue: No information is available.
- Key People: No information is available.
- Known for: Leading TMT Bar producer in India, manufacturing TMT Rebar, Billets, Sponge Iron, and Ferro Alloys.
Accreditations and Certifications
- ISO Certifications:
- ISO 9001:2015
- ISO 14001:2015
- ISO 45001:2018
- BIS Licenses:
- HSD Bar: Grade Fe500D, Fe550D
- Structural Steel Grade E 250 A
- Carbon Steel Cast Billet for General Engineering Grades A, B & C
- Carbon Steel Cast Billet for Low Tensile Structural Steel
- NABL Certification: ISO/IEC: 17025:2017
- Collaborations:
- Thermex License, Germany
- Concast AG, Zurich
- Green Pro Certification
CSR Activities
Shyam Steel is actively involved in Corporate Social Responsibility activities focusing on:
- Education
- Poverty alleviation
- Gender equality
- Environment
- Notable campaigns include "Khud Kamao Ghar Chalao", sanitary pad distribution, blood donation camps, and support during natural disasters like flood relief and cyclone relief.
Products
Product Offerings
Shyam Steel offers a range of high-quality steel products, including TMT Rebars, Structural Steel, Billets, Ferro Alloys, and Sponge Iron. They are equipped with advanced technological facilities such as DRI Unit, SMS Unit (EAF), Continuous Billet Casting Mill, sophisticated Rolling Mill, and fully-equipped Testing Laboratories.
TMT Rebars
- Description: TMT rebars are known for their higher stability, durability, and workability.
- Key Features:
- Consistent quality
- Uniform grades, dimensions, and tolerances
- Higher durability
- Easy workability
Sturdflex
- Description: Waterproofing solutions for homes
- Key Features:
- Optimal waterproofing for homes from the time of construction
- End-to-end guidance from waterproofing planners
Gates & Grills
- Description: High-quality structural steel for aesthetically designed gates and grills
- Key Features:
- Added security and aesthetic value to homes
- Crafted from high-quality structural steel
Wires & Nails
- Description: Produced through a drawing process from mild steel
- Key Features:
- High levels of tolerance
- Flexibility and corrosion resistance
- High-quality round head nails with corrosion-resistant polishing
Recent Developments
Infrastructure and Facilities
- Modernization and automation of steel manufacturing processes including the setup of an advanced integrated steel plant at Durgapur.
- Facilities include DRI Unit, SMS Unit(EAF), Continuous Billet Casting Mill, sophisticated Rolling Mill, and fully-equipped Testing laboratories.
New Products and Features
- Sturdflex: Introduction of optimal waterproofing solutions.
Partnerships and Ventures
- Expansion into various sectors through new ventures like Shyam Infra Nirman, Shyam Future Tech, and Shyamsree Mineral Resources.
- Entered Transmission & Distribution business with a dedicated design, engineering, and project management team focusing on EPC projects.
Certification and Compliance
- Attained GreenPro Certification aligning with global standards for environmental stewardship, economic viability, and social equity.
Conclusion
Shyam Steel Industries Ltd. has established itself as a premier producer of steel in India, with a focus on quality, sustainability, and technological advancement. Ongoing investments in infrastructure and new ventures signify its ambitious growth trajectory. The company actively engages in CSR initiatives, reinforcing its commitment to community welfare and sustainable development.