The Steel industry and its associated mining and metallurgy sectors have seen major investments and developments in the recent past. The implementation of the National Steel Policy 2017 laid the foundations for encouraging sustainable steel manufacturing and achieving global standards.
The growth in the Indian steel sector has been driven by domestic availability of raw materials such as iron ore and cost-effective labour. India is expected to reach a consumption of 230MT of finished Steel by 2030-31. Real Ispat and Power has created a significant space in integrated steel manufacturing and is one of the forerunners making Indian steel manufacturing green.
Gaurav Agarwal, Director, Real Ispat and Power says, “We boast of our quality standards and solely believe in catering consumer requirements with finest quality of steel being of apex priority. In a span of less than 2 decades we have Military Engineering Services, Indian Railways, National Highway (NHAI), RITES, Joint Plant Committee (Steel Ministry), Delhi and Nagpur Metro Rail Corporation and New Delhi Municipal Corporation as our clients. We are the only debtfree company with an AA rating steel manufacturing sector.”
Elements of growth
Control over independent and top supply of raw
materials and being producers of integrated steel adds to diversification and benefits the company’s way of working. Real Ispat continues to focus on sustainable quality and innovates the chemical procedures for delivering better quality products. Real Ispat is highly focused on expanding its TMT production which will increase its end to end production capacity by .2 million.
Gaurav says, “We aim to reach 1million aggregate production of steel by end of 2021.We are currently working with 4 acquisitions and 1greenfield expansion project. All of the Real Ispat Plants operate 80 percent with captive capacity and 20% being borrowed from the regional source. We are pioneers in using Dolochar (waste material) as alternative to coal and being the recipient of Gold certification in secondary steel sector adds to the responsibility. It is working on renewable solar projects which add to its sustainable approach and inorganic way of expansion.”
RealIspat’s vision is to strive for excellence and to become an absolute benchmark in the steel industry for quality, service, integrity, innovation and hard work
RealIspat is highly focused on testing and innovation and the other on promoting sustainable standards in order to preserve the very soul of consumer trust and reliability” RealIspat aims at Complete Customer Satisfaction (CCS) with a strict policy of ‘zero tolerance’ in quality and service.
RealIspat’s resources are exclusively tailored towards Cost Effectiveness and Process Efficiencies. RealIspat’s vision is to strive for excellence and to become an absolute benchmark in the steel industry for quality, service, integrity, innovation and hard work through disruption and distinguished and exclusive culture development.
The products are broadly categorised in GK TMT, Real Wire and Integrated products. Fe 500D, Fe 500, Fe 415 is offered in GK TMT category. Wire Rod and H.B., G.I., Binding Wires belongs to the Real Wire segment. Sponge Iron, Billets, Power and Eco Bricks are all diversification of the integrated product portfolio.
Gaurav says, “The current status of RealIspat in the industry is mainly resultant of a proper combination of the efficiency it has achieved in every scale of operation. Process efficiency and continued researches to prioritise quality standards on each deliverable is the backbone of RealIspat’s bright future in contributing to our country’s development.”