India has been one of the world’s largest producers and consumers of steel, with a significant impact on the global iron & steel industry. The country has a strong demand for steel due to the rapid organizational and infrastructural development. In recent years, the Indian government has implemented various initiatives to boost the domestic iron and steel industry.
These include the National Steel Policy, the Make in India campaign, and infrastructure projects such as the development of smart cities, highways, and railways. Mainly customers in this segment are looking for customized products as per their specific needs. Shanker Steels is one such surging name that is known in the market for contributing to the business of iron and steel for more than two decades along with providing technical support and customized products.
Spearheaded by Vivek Luthra and Abhinav Luthra the firm started as a small family-owned business of importing scrap in 2001. In 2006, they started importing pipes and 17 years down the line there has been no looking back. The organization procures the best quality pipes from across the globe and is pre-inspected for size and grade with the help of its quality control team. Shanker Steels is driven by the motto, “We deliver what we promise”.
Shanker Steels possess the required knowledge and the capability to interpret the needs of both buyers and sellers. “We are a customer-focused, innovative value-driven organization that processes and distributes steel products to customers worldwide”, says Vivek Luthra, Partner.
Catering to Diverse Market Segment
Today Shanker Steels specializes as traders and stockists of surplus pipes, tubes, casings, drill pipes, drill collars, drill bits, pipe fittings, seamless pipes, welded pipes, spiral pipes, M.S. pipes, valves, and alloy pipes & tubing of any grade, size, and length. The organization is positioned as a premium brand in the pipe market. “Our organization derives strength from its team which, as we proudly say, is women-oriented”, says Abhinav Luthra, Co-Founder. The products offered by Shanker Steels are competitively priced which makes them an affordable option for a wide range of customers. Shanker Steels has a strong distribution network that covers all major markets in India. Also, Shanker Steels has its own team to handle logistics globally and export its pipes to USA and Europe.
Shanker Steels has a strong reputationfor reliability and trustworthiness as the organization is always committed to providing its customers with high-quality products and services. The products of Shanker Steels are used in different sectors like infrastructure, the paper industry, the textile industry, drilling and boring, waterworks, and more. The firm has its warehouse in Mumbai where they proudly stock different sizes and grades of pipes that Indian mills don’t manufacture. The firm has a global reach, well supported by its efficient team providing the best support to its customers.
Shanker Steels is committed to procuring & delivering products high in quality, durability, & serviceability
Shanker Steels has been able to acquire a large and loyal customer base and is well-positioned to continue to grow its market share in the pipe industry. The organization is committed to growth and is expanding its distribution network to reach new markets around the world. The future road map of Shanker Steels is to become a leading player in the global steel industry whereas currently, it is working on expanding its product portfolio by adding new grades of steel as well as by importing and exporting new products. The firm has a strong track record of success and is well-positioned to continue its growth in the years to come.