Shyam Metalics' initiative
aligns with the government's push for sustainable, corrosion-resistant
materials in key infrastructure projects.
Shyam Metalics and Energy
Ltd., a leading integrated metal manufacturing company in India, has announced
the launch of its stainless-steel rebar production, specifically targeting the
coastal regions. This initiative comes as a part of Shyam Metalics' commitment
to supporting the Government of India's vision of strengthening coastal
infrastructure and promoting the 'Make in India' program by using high-quality,
domestically produced materials to meet the nation's infrastructure sector's
growing demand.
The announcement aligns
with the Ministry of Road Transport and Highways' recent circular promoting the
use of stainless steel rebars, which are known for their corrosion resistance
and durability, especially in areas exposed to saltwater, humidity, and other
harsh environmental conditions. Union Minister Nitin Gadkari has further
emphasized the importance of rust-resistant materials in coastal areas, calling
for the mandatory use of stainless steel rebars within 30 kilometres of the
coast to increase the lifespan of essential construction projects like roads
and bridges.
Shyam Metalics has long
recognized the advantages of stainless steel (SS) rebars over traditional Mild
Steel (MS) Thermo-Mechanically Treated (TMT) bars. SS rebars offer enhanced
corrosion resistance, longer durability, and minimal maintenance, making them
the ideal choice for infrastructure projects in harsh coastal environments. The
use of stainless steel rebars can significantly reduce maintenance costs and
increase the service life of infrastructure exposed to harsh conditions, such
as bridges, high-rise buildings, ports, and railway projects. SMEL's product
range includes TMT bars, ferroalloys, sponge iron, billets, structural steel,
pipes, and pellets, all intended for construction projects, from residential to
commercial and infrastructure development.
Commenting on the
expansion, Mr Aneesh Mishra, Associate
President of Sales & Marketing at Shyam Metalics, stated, "We are
honoured to support the government's 'Make in India' initiative by providing
sustainable and reliable solutions that enhance the longevity of India's
coastal infrastructure. Our stainless steel rebars will improve the durability
of critical projects such as bridges, ports, and high-rise buildings,
contributing to reduced maintenance costs and environmental impact. We believe
that incorporating SS rebars will shape the future of sustainable construction
in India, and we encourage stakeholders to adopt this innovative material for
the long-term success of infrastructure projects."
The lifecycle cost of
reinforced bars shows that while Mild Steel (MS) rebars, with a lifespan of
around 30 years, have a lower upfront cost, they incur higher long-term
expenses due to frequent maintenance and replacement, especially in corrosive
environments, whereas Stainless Steel (SS) rebars, with a lifespan of 80-100
years, offer a higher initial investment but significantly reduce long-term
costs through enhanced durability, corrosion resistance, and minimal
maintenance requirements.
Mr.
Divyansh Agarwal, Business Development & Strategy at Shyam Metalics, stated,
"Our stainless steel rebars offer up to ten times more corrosion
resistance than conventional TMT bars, significantly extending the lifespan of
critical infrastructure such as bridges and ports. This marks a vital step in
enhancing India's coastal infrastructure while supporting the country's modernization
goals."
The launch of stainless
steel rebars by Shyam Metalics signifies a significant advancement in
fortifying India's coastal infrastructure with materials that offer superior
performance in corrosive environments. Conventional MS TMT bars, susceptible to
rapid corrosion in coastal regions, frequently result in elevated maintenance
costs and diminished lifespans for structures. In contrast, Shyam Metalics' SS
rebars present up to ten times more corrosion resistance, substantially
extending the lifespan of critical infrastructure such as bridges, ports, and
high-rise buildings.
With the government's
emphasis on rust-resistant materials, especially in coastal areas, Shyam
Metalics is well-equipped to fulfil the increasing need for sustainable construction
solutions. The company's commitment to providing high-quality,
corrosion-resistant materials perfectly aligns with India's infrastructure
modernization objectives and the "Make in India" initiative, laying
the groundwork for more durable and long-lasting coastal infrastructure.