The steel industry has undergone a radical transformation over the years. From the earliest instances of forging iron to the advanced precision techniques we see today, steel has always been the backbone of innovation and infrastructure. As we delve deeper into the changes that have shaped this sector, let’s also uncover how leaders like Grow Ever Steel (India) Pvt. Ltd. (GESIPL) play a pivotal role in driving this industry forward.
A Brief Look Back
The modern steel industry began in the late 19th century, spearheaded by the adoption of the Bessemer process. This revolution made steel production faster and cheaper. As per the World Steel Association, global crude steel production increased from 190 million tons in 1955 to a staggering 1.87 billion tons in 2019.
Sustainability: Not Just A Buzzword
The 21st-century steel industry understands the urgency of sustainability. According to the International Energy Agency (IEA), the steel sector contributes up to 7% of all global CO2 emissions. Visionaries in the field are championing more sustainable methods, reducing carbon footprints and enhancing resource efficiency.
At GESIPL, sustainability isn’t just a goal; it’s integral to our ethos. We envision not only being India’s frontrunner in our speciality but also champion eco-friendly practices. As we dream of putting India on the global map through potential overseas expansions, we equally emphasise providing meaningful employment, fostering teamwork, and endorsing the values of honesty and integrity.
Steel and Innovation: Hand in Hand
As the need for higher quality and efficiency grew, technological marvels like the Electric Arc Furnaces (EAF) and Direct Reduced Iron (DRI) have made their entry, ensuring reduced energy consumption and ecological impact. GESIPL, in its journey of over 15 years, has been a staunch advocate of integrating such groundbreaking techniques, ensuring that our products, especially the ERW MS Precision Steel Tubes and Components, are at the industry’s forefront.
The Surge in Demand for Pipes and Steel Components
According to a report by Grand View Research, the global steel tubes market was valued at USD 19.8 billion in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 6.4% from 2020 to 2027. This dramatic surge is a testament to the industry’s growing preference for precise, high-quality materials that can withstand the rigours of modern-day applications.
Automotive industries, in particular, are continually innovating, seeking materials that allow for intricate design, durability, and efficient performance. Precision steel tubes and components have emerged as a perfect fit, offering not just strength but also unparalleled design flexibility. This is crucial, especially when crafting complex parts that need to fit together seamlessly.
In the medical sector, the need for our product cannot be understated. Whether it’s for surgical instruments or equipment frameworks, the emphasis on accuracy and reliability is paramount. Any slight deviation can have significant repercussions. The rise in advanced medical technologies and procedures has further solidified the role of precision steel tubes, with their superior tolerance levels and consistent properties.
The construction sector, meanwhile, demands materials that provide both aesthetic appeal and structural integrity. Precision steel, with its ability to be moulded into intricate designs while maintaining strength, has made it an industry favourite.
Recognising this burgeoning demand and identifying a clear gap in this segment, especially in the Indian market, we at GESIPL took the initiative. Leveraging our expertise and industry insight of over 60+ years, we ventured into this niche, ensuring that our products were in line with the highest standards of quality and excellence. Our dedication has borne fruit. Today, GESIPL is not just a participant in the industry but a leading figure, especially for OEMs in Eastern India.
Today, we are not just another steel company; we stand as the epitome of precision engineering in India. Our clientele, spanning diverse sectors, is a testament to our prowess and dedication in this field.
Moreover, the integration of steel components has further augmented our market positioning. These components, crafted with dedication, mirror our commitment to quality and innovation. By synergizing our strengths in precision pipes with steel components, we offer a holistic solution to our partners.
Gazing into the Future
From our establishment in 2008, close to the heart of Kolkata, our journey has been marked by hard work, commitment, and sustainable growth. Our proximity to port facilities like Haldia & Kolkata, combined with strategic raw material sourcing from West Bengal, reflects our deep-rooted belief in collaborative growth.
Our aspiration isn’t limited to being industry leaders. We wish to be thought leaders, guiding conversations, setting benchmarks, and building a future that resonates with quality, trust, and sustainable practices.
About Grow Ever Steel (India) Pvt. Ltd. – An ISO 9001:2015 Certified Company, GESIPL boasts over 15 years in the ERW MS Precision Steel Tube and Components Industry. Established in 2008, and located strategically close to Kolkata, we’re all about precision, commitment, and sustainability. Join us, as we pave the way forward.
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