Satyam Iron & Steel Company Private Limited, a pioneering HR strips, billet & sponge iron manufacturing enterprise is a fully integrated steel plant. Mr. Rahul Agarwal, Director, Satyam Steel, the main driving force behind the progress of the company attended the Tube & Pipe Fair, which was recently organized in Pragati Maidan, New Delhi from 6th to 8th October 2023 for the first time along with the renowned Cable & Wire Fair, 2023.
The three-day event focused mainly on upcoming technological advancements, and value addition starting with procuring better raw materials for production and finally, the delivery of goods provided a golden opportunity to Satyam Iron & Steel Company Private Limited, one of the emerging manufacturing enterprises of India to display the products in its arsenal and attract relevant collaborators.
Mr. Rahul Agarwal, applauding the organizers for conceiving the remarkable idea behind the exhibition and successfully orchestrating said, “The Tube & Pipe Fair is a novel initiative. This exhibition has allowed various brands to showcase their latest products and technologies, state-of-the-art machinery and their applications. Two among the most admired products of Satyam Steel i.e. HR strips and MS billet were put on display for the exhibition. A lot of steel product manufacturers had visited our stall and showed their willingness to purchase our products as soon as possible.”
He further shared that the demand for crude and finished steel products have sky-rocketed all around the world as a result of the developments going on in the oil and gas industries, manufacturing and construction industries. Organizations have thus been increasing their industrial facilities to keep up with the growing requirements. “At Satyam Steel, till 2023, huge investments of more than INR 500 crores have already been funded as a result of expanding our manufacturing units to fulfill the inflated demand for raw materials to make more durable steel products, especially MS and GI pipes. A similar amount of money has been planned to be invested by the year 2025 for the same reason.”
“I can say without a doubt that the latest information and knowledge shared here will help several brands, new and old alike, to correctly understand the future trends and position themselves and their resources appropriately to address the growing demands.” He has a strong belief that this platform would open doors to many new opportunities for both Indian and global companies.
Mr. Rohit Pareek, CMO, Business Development, Satyam Steel who was delighted by the grandeur of the show and the kind of attention that their products received there, is optimistic about a brighter future. Stressing on the factor of networking, he opines, “Since the last decade, we have participated in many exhibitions around the country but here at the Tube & Pipe Fair, we had a different kind of experience. The ambience and the entire setup here were so well organized. The amount of interest that the visitors had shown for our HR strips and billets was incredible. Being a highly adored brand with a client base that has a pan-India presence and an advantageous positioning of our stall had been two important factors that can be considered the reason behind the grand success of Satyam Steel in this trade fair.”
“Hero products of Satyam Steel such as HR strips and MS billet had been the major crowd pullers at the event. These HR strips that are basically used to produce M.S. pipes and other finished goods have a thickness of 1.2 to 4.0 mm and a width of around 74-356 mm. Both of our HR strips and billets have a production capacity of 1.5 lakh MT per annum. Sponge iron is another good that is hugely manufactured in our factory premises situated at West Bardhaman, West Bengal.” he cheerfully adds.
“At Satyam Steel, till 2023, huge investments of more than INR 500 crores have already been funded as a result of expanding our manufacturing units to fulfill the inflated demand for raw materials to make more durable steel products, especially MS and GI pipes. A similar amount of money has been planned to be invested by the year 2025 for the same reason.”
He recalls how the company had initially started with one 100 TPD sponge iron plant in the year 2002 and expanded it further with another 100 TPD sponge iron plant in the year 2003. By the year 2023, the company has gradually flourished and expanded in new projects.
Mr. Pareek expressed his gratitude towards the Tube & Pipe Fair authorities and said, “Participating in this event has opened new horizons for us. I thank and congratulate Mr. Priyank Jain, CEO, Tulip 3P Media Pvt. Ltd., Mr. Gaurav Chawla, Project Manager, and his team for hosting the Tube & Pipe Fair. This kind of event is the need of the hour. The team of Satyam Steel thanks the organizers for their hospitality. The officials and staff were very helpful and accommodating. We have seen and learned many new things here. We shall forever remember this exhibition and try to put into practice the knowledge that we have gathered. We are looking forward to participating in the Tube & Pipe Fair, next year. May our collaboration be as strong as iron!”
It is to be noted that Satyam Iron & Steel Company Private Limited, a fully integrated steel plant has been producing high-grade raw materials such as HR strips, billet, and sponge iron since the year 2002. Provisions for further development of the existing machinery and equipment have been pre-planned by the management.
Its factory is situated at West Bengal and the current capacities of Satyam Steel are:
- HR Strips- 1,50,000 MTPA
- MS Billet – 1,50,000 MTPA
- Sponge Iron Plant, and
- Captive Power Plant