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Synergy Steels takes a lead in quality and innovation in stainless steel
Communication Feature- Aug 04,23
Synergy Steels exports have increased from Rs 61 crores in 2018-19 to Rs 480 crores in the current year.
With rapid economic growth and infrastructural expansion, steel has for long, played a central role in development. However, in the past decade, a better, more environmentally friendly alternative has emerged - stainless steel. With growing climate considerations and the need to meet national climate goals, stainless steel is increasingly being used in the construction of resilient and long-lasting structures, fostering economic growth and attracting investments. It is in this context that it becomes imperative to understand the leading players in the stainless steel industry, ones that have the potential to alter the infrastructural landscape by offering high-quality, value-added stainless steel products.
Headquartered in New Delhi, India, Synergy Steels stands out as a prominent player in the stainless steel industry. With a strong commitment to quality, customer satisfaction, and sustainable practices, it has firmly established themselves as a key leader in the Indian stainless steel market.
Synergy’s journey is one of dedication, etching a profound impact on various industries and applications. A name that echoes excellence and reliability, Synergy Steels is renowned for its commitment to deliver the finest stainless steel products. Encompassing a diverse product line, they offer stainless steel reinforcement bars, wire rods, wires, bright bars, and fasteners, each crafted with precision and passion.
An ISO 9001:2015 certified company, Synergy Steels operates three state-of-the-art manufacturing setups, including a steel melting shop, wire rod mill, and Alwar rolling mill. With a capacity to produce 250,000 tonnes of stainless steel per annum, its facilities are equipped with advanced testing infrastructure and automated machinery, ensuring high-quality production.
Guided by the dynamic leadership of Anubhav Kathuria, Synergy Steels embarked on its journey into exporting its products in 2018, with a modest export value of Rs 61 crores during the fiscal year 2018-19. The current year has witnessed a remarkable ascent for Synergy Steels, attaining Rs 480 crores in export sales and a total revenue of Rs 3,000 crores.
“In terms of production, Synergy Steels has maintained an annual stainless steel output of nearly 150,000 tonnes. Further, the company, with its expansion, has elevated its melting capacity to an impressive 270,000 tonnes” said Anubhav Kathuria, Director, Synergy Steel.
Synergy's high-quality value-added products not only reach over 50 processing mills within India but also find their way to markets in Europe, Latin America, and the Middle East through exports. Catering to a diverse customer base, including major contractors, builders, and manufacturers across India, Synergy Steels places customer satisfaction and quality as a priority.
In an era where environmental consciousness is paramount, Synergy Steels stands as a responsible corporate citizen. With a strong emphasis on environment-friendly production processes, the company aims to minimise waste generation and reduce emissions. Their commitment to sustainable practices, continuous technological advancements, and diverse product offerings solidifies their position as a dynamic and responsible player in the stainless steel industry. Beyond their dedication to the environment, Synergy Steels wholeheartedly embraces corporate social responsibility.
Guided by a mission to continuously improve and innovate, the company strives to deliver value to all stakeholders - customers, employees, shareholders, and the community. As it moves forward, Synergy Steels remains dedicated to pushing the boundaries and revolutionising the stainless steel manufacturing landscape. Embracing progress and responsibility, they pave the way for a brighter, cleaner, and more sustainable future for all.
Anubhav Kathuria
Synergy Steels
stainless steel
steel melting shop
wire rod mill
infrastructure
sustainable
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