From Yesteryear to Hereafter…
GYSCOAL GROUP – The Stainless Steel & Mild Steel Manufacturer, was established in the late ’90s. From iron-ore & stainless scrap to manufacturing diverse structural products in Stainless Steel and Mild Steel, Gyscoal has come a long way. The group has achieved for itself a pre- eminent position in the value-added product segment of the Indian steelindustry.
Gyscoal Alloys Limited (GAL), a public limited company, was incorporated in the year 1999 as a private limited company. Initially, the Company started its business with the trading of iron and steel scraps, billets and steel long products. The company also decided to trade in mild steel products namely CTD Bars and TMT Bars. The company took over a steel rolling mill business from Shah Alloys Group at Ubkhal, Mehsana and started manufacturing of rolled products in the year 2005. The Company further started its Steel Melting Shop with a capacity of 12,000 MT per annum which was further increased to 18,000 MT per annum in the year 2008-09. Looking to the potential higher value addition in case of stainless steel products, the Company decided to manufacture Stainless Steel long Products. At present, the plant has the capacity to manufacture different grades of Stainless Steel products ranging between 200 series to 400 series.
Mr. Viral Shah – Chairman & Managing Director, Gyscoal has been an ardent entrepreneur in this growing industry of stainless and mild steel. Realizing the potential of the Indian Steel industry, Mr. Viral encouraged its team to acquire new skills & brought in new technologies to give its patronage better products.
New directions and new objectives have come along our walk during the years. However, ensuring our customers finest quality products, timely delivery & after sales services are some precepts that have been intact over the period of time. Gyscoal Group, having Strategic Manufacturing Facilities, Grueling Quality Control Procedures and Marketing Alliances with industry leaders is on its way to be a major global player. By March 2006, the group is anticipating its turnover to cross Rs. 6500 lac mark.
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