Chennai, 11 May 2024
Suryadev Alloys and Power, a key player in the Indian steel industry and a leading player in Tamil Nadu, has launched Fe550D CRS TMT bars that offer unparalleled anti-corrosion properties. Suryadev Fe550D CRS TMT bars are meticulously crafted from high-quality iron ore and are enhanced with a robust blend of copper, chromium, and nickel.
From the relentless assault of salt-laden sea air in coastal cities to the harsh reality of industrial pollutants in inland regions, the diverse climates of India present a formidable challenge to steel: corrosion. This issue poses a significant concern nationwide and is estimated to cost the Indian economy 3-4% of its GDP annually. Research indicates that the rate of corrosion in coastal areas may be up to four times greater than in inland regions. However, even in areas far from the coast, industrial pollutants serve as silent aggressors, accelerating corrosion and potentially diminishing the structural integrity of buildings by 1-3% annually.
At Suryadev, the challenge of corrosion is met with a relentless pursuit of innovation. In response to this enduring challenge, these bars significantly extend the lifespan of structures while minimizing the environmental impact associated with frequent repairs and replacements.
The Suryadev Fe550D CRS TMT bar serves as the perfect shield against elements. It redefines industry standards and represents a smarter, more sustainable approach to construction, ensuring a durable future for next generations.
Founded in 2006, Suryadev is known for its unwavering commitment to quality and innovation. With an annual finished steel capacity of 600,000 tonnes, Suryadev’s integrated steel plant in New Gummidipoondi is a testament to this commitment. As Tamil Nadu’s leading steel manufacturer, Suryadev is equipped to meet the nation’s rising demand for steel with its diverse range of intermediate and finished steel products.
The company focuses on consistent quality while also championing sustainability. Its Waste Heat Recovery Boiler (WHRB) power plant harnesses residual heat from DRI plant, transforming it into clean energy and significantly reducing its carbon footprint. Suryadev is exploring additional ground-breaking technologies and methods with one of the country’s leading academic institutions to decarbonize steelmaking.
Suryadev’s relentless pursuit of operational excellence and superior product quality is highlighted by ISO certifications in Quality Management (ISO 9001), Environmental Management (ISO 14001), and Occupational Health and Safety (ISO 45000). These standards ensure the company not only delivers top-tier products but also upholds a safe and healthy work environment for its employees. Further affirming its financial stability and credibility, Suryadev maintains robust credit ratings, with CARE A2 for short-term banking facilities and CARE A- for long-term commitments.
Suryadev is proud to be an integral part of nation-building through its contribution to landmark infrastructure projects like the Chennai Metro Rail, Bangalore-Chennai Expressway, Chennai Peripheral Ring Road, and the Chennai Port-Maduravoyal Expressway. The company’s success is fuelled by a strong and committed network of over 500 dealers across South India and its greatest asset, a team of more than 2,000 skilled professionals. Innovation and excellence ingrained in the culture of the organization keep Suryadev at the forefront, constantly driving progress and maintaining a competitive edge in the market.
