The prestigious GreenPro Certification Is Granted to Shyam Steel

Leading company in the TMT bar market, Shyam Steel, is pleased to announce its most recent accomplishment: the Fe 500D (GPSSM345002) and Fe 550D (GPSSM345001) products have received the esteemed GreenPro Certification from the Confederation of Indian Industries – Green Products and Services Council. This noteworthy honour highlights Shyam Steel's steadfast dedication to sustainability and the production of high-caliber goods. GreenPro Certified products that are painstakingly manufactured at the Angadpur plant in West Bengal (GPSSM345002) and the Mejia plant in West Bengal (GPSSM345001) have exceeded the strict standards. This accomplishment demonstrates Shyam Steel's commitment to meeting and even exceeding the strict environmental standards set by the CII-Green Products and Services Council. The director of Shyam Steel Industries, Mr. Lalit Beriwala, said, "Shyam Steel has accomplished a great deal with the prestigious GreenPro Certification. It emphasises our dedication to making steel products that are considerate of the environment. This accolade confirms our commitment to producing products of the highest calibre while exceeding strict environmental regulations. As evidenced by certifications such as the GreenPro Certification that the CII-Green Products and Services Council recently granted to Shyam Steel, the steel industry is under increasing pressure to implement green practices. "The trajectory towards green steel isn't a matter of if, but when," Mr. Beriwala added in emphasis. Carbon markets and frameworks have emerged as a result of governments' intense focus on reducing carbon emissions worldwide. The company's dedication to environmentally sustainable manufacturing practices is demonstrated by this certification. Fe 550D and Fe 500D are important first steps in the direction of sustainability. These products guarantee the highest quality for customers while making a significant contribution to the creation of a greener, more sustainable world by adhering to the strict environmental standards set by the CII-Green Products and Services Council. Shyam Steel is a proponent of green steel policy measures and highlights the significance of providing incentives for carbon credit-generating technologies. To cut costs and improve sustainability, the company plans to invest in cutting-edge steelmaking technologies like solar and hydrogen-based processes. Shyam Steel, a company with more than seven decades of experience in the industry, predicts a shift towards institutional demand in the future, even though there is currently little immediate consumer demand for green steel in India. The Steel Ministry's investigation into green steel procurement through government procurement indicates a possible change that will require sufficient funding support. Shyam Steel supports investments in green assets while requesting funding from developed nations to support green energy initiatives. This speaks to India's position in international discussions such as those surrounding the Carbon Border Adjustment Mechanism (CBAM) in Europe.