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Shyam Steel acquired renowned GreenPro certification.

Shyam Steel acquired renowned GreenPro certification.

 A milestone in sustainable steel production

Shyam Steel, a pioneering force in the TMT Bar business, proudly announces its most recent achievement: the renowned GreenPro Certification conferred by the Confederation of Indian Industries – Green Products and Services Council for its products Fe 500D (GPSSM345002) and Fe 550D (GPSSM345001). This prestigious honour highlights Shyam Steel’s persistent dedication to sustainability and the delivery of high-quality goods.

Fe 500D (GPSSM345002) and Fe 550D (GPSSM345001), precisely manufactured at the Angadpur plant in West Bengal, have exceeded the demanding requirements imposed by the GreenPro Certification. This achievement demonstrates Shyam Steel’s commitment to not just meeting but exceeding the CII-Green Products and Services Council’s stringent environmental criteria.

Lalit Beriwala, Director of Shyam Steel Industries, says, “The attainment of the esteemed GreenPro Certification marks a momentous achievement for Shyam Steel. It underscores our commitment to producing environmentally responsible steel products. This recognition reinforces our dedication to surpassing stringent environmental standards while delivering superior-quality products.” The steel industry faces mounting pressure to adopt green practises, evident in certifications like the GreenPro Certification recently awarded to Shyam Steel by the CII-Green Products and Services Council. He further emphasised, stating, “The trajectory towards green steel isn’t a matter of if, but when. Governments worldwide are intensely focused on lowering carbon emissions, leading to the emergence of carbon markets and frameworks.”

This certification demonstrates the company’s adherence to environmentally responsible manufacturing processes. The Fe 550D and Fe 500D are critical milestones towards a more sustainable future. These products significantly contribute to establishing a greener, more sustainable world while providing the best quality for clients by adhering to the rigorous environmental guidelines set by the CII-Green Products and Services Council. Shyam Steel emphasises the importance of incentives for carbon-neutral technologies when advocating policy initiatives to boost green steel. The company expects to invest in revolutionary steelmaking technologies such as solar and hydrogen-based methods to lower production costs and improve sustainability. While immediate consumer demand for green steel in India remains modest, Shyam Steel, a company with over seven decades of experience in the industry, predicts a change in institutional demand in the future. The Steel Ministry’s investigation into government procurement for green steel indicates a potential shift that will necessitate significant financial assistance. Shyam Steel promotes investments in green assets while seeking funds from industrialised nations to bolster green energy projects in global debates such as the Carbon Border Adjustment Mechanism (CBAM) in Europe.

Shyam Steel is still devoted to sustainability as an intrinsic element of its ethos. This accomplishment demonstrates the company’s continuous commitment to innovation and environmentally responsible methods in the steel manufacturing sector. Continuous efforts are focused on developing goods that not only satisfy the highest industry standards but also drastically lower the environmental footprint.

For more info visit : https://shyamsteel.com/

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