9,807.50 TRY BIST 100 BIST 100
36.37 USD USD USD
5.04 CNY CNY CNY
38.11 EUR EUR EUR
0.13 CNY CNY/EUR CNY/EUR
39.46 TRY Interest Interest
76.31 USD Fossil Oil Fossil Oil
33.10 USD Silver Silver
4.62 USD Copper Copper
106.70 USD Iron Ore Iron Ore
351.00 USD Shipbreaking Scrap Shipbreaking Scrap
3,437.60 TRY Gold (gr) Gold (gr)

Shyam Metalics launches stainless steel rebar for coastal projects

Shyam Metalics and Energy has announced the launch of stainless steel rebars targeting coastal infrastructure projects.

Shyam Metalics launches stainless steel rebar for coastal projects

Shyam Metalics and Energy has announced the launch of stainless steel rebars targeting coastal infrastructure projects. The initiative supports the Indian government’s “Make in India” program by encouraging high-quality, indigenously produced materials to meet the growing demands of the country’s infrastructure sector, especially in coastal areas.

The decision follows the Ministry of Road Transport and Highways' circular advocating the use of corrosion-resistant stainless steel rebars in areas prone to saltwater and humidity. Union Minister Nitin Gadkari has emphasized the importance of using rust-resistant materials for projects within 30 kilometers of the coast to increase the lifespan of vital infrastructure like bridges, roads, and ports.

Stainless steel rebars offer significant advantages over other types of steel. While mild steel rebars are initially more affordable, they are more susceptible to corrosion, especially in coastal environments, resulting in increased long-term maintenance costs. In contrast, stainless steel rebars offer up to ten times more corrosion resistance and have a lifespan of 80-100 years, compared to the lifespan of mild steel rebars of around 30 years.

By offering corrosion-resistant materials, Shyam Metalics is set to play a key role in advancing India’s coastal infrastructure projects. This move aligns with the government’s focus on sustainable and long-lasting construction solutions under the Make in India initiative.

Comments

No comment yet.

Only +plus subscribers can access this content.

SUBSCRIBE now to share your thoughts on the markets and get more comments.
SUBSCRIBE If you already have an account Sign In

Most read news

Increase in steel imports in Iran: HRC stands out

Friday, February 21, 2025

Türkiye's imported scrap market approaches March cautiously

Friday, February 21, 2025

EU considers tightening steel import quotas due to Trump's new tariffs

Saturday, February 22, 2025

Nigeria’s Steel Industry seeks donor support for revitalization

Saturday, February 22, 2025

Japan seeks exemption from Trump's steel and aluminum tariffs

Saturday, February 22, 2025
Follow List
Expand
Your watch list is empty

Add your favorite commodities for quick access and don't miss the latest price change news.


There are no news categories you follow
Edit Notification Preferences
E-bulletin subscription
Sign up to receive the latest news and daily iron prices by e-mail and sms
Become a Plus Subscriber Now!
Try it free for 3 days!
Subscribe Now
Neutral Prices
Be informed
Provincial Iron Prices
Comments and Analysis
Subscribe Now