Mission and VisionThe Mission statement set by the visionaries of Shyam Steel
Industries Ltd. was to earn due respect in the steel industry by serving with complete
integrity and loyalty towards their clientele.
The company is consistently striving to attain its set goals. It aims at reducing
energy cost by installing a Captive Power Plant. Expanding its network in different states
and reach a larger market to grow its client list. It also plans to increase its
production by setting up manufacturing units in different, suitable locations.
The company has been mounting success levels, in the highly competitive global market
and supply chain, with the unchanged vision of providing good quality and standardised
products at competitive prices. It has, in return attained complete customer satisfaction.
The company aims at establishing itself in the steel industry as the supplier of choice
for its clients, and to achieve the pinnacle of success in the industry.
Policies
Policies are an integral part of a company. They are unique and important in forming
the basic structure of an organisation. Since the authenticity and integrity of a firm can
be judged by the set of policies it follows, Shyam Steel Industries Ltd. through the ages
has build its own definite set of policies, which makes it stand out from the other steel
manufacturing companies in the region. The company has explored certain such important
areas through its policies, which could not be conceptualised by other steel makers.
Few of the major areas, which the company has made mandatory through policies, are
Quality Management, Health, Safety and Environment Management, & Corporate Social
Responsibility. Stated below are a few of its important policies and features.
Environmental Policy
Understanding
its responsibility towards the society, Shyam Steel Industries Ltd. has taken special
measures to conserve environment. Aware of the harmful emissions from industrial waste it
has taken steps to, lower the emission levels of its plants to negligible by using
environment friendly sources of fuel. The company is ISO 14001 certified and its
environment policy states
"We are committed to conduct our operations at the DRI Plant, SMS Shop, Billet
Caster & Rolling Mill Plant in the most environmentally benign manner. We underline
our commitment towards
- Minimising the impact on various components of the environment,
particularly on Air, Water, Land and Natural Resources through conscious and concerted
efforts;
- Compliance with the applicable environmental legislation &
regulation;
- Continual improvement of our environmental performance through the
use of most appropriate economically viable technologies, voluntary involvement of our
employees and participation of business associates."
Quality Policy
Quality control being a major area of concern for the company, it
has enlisted a few quality policies that are strictly followed in its product
manufacturing. The company states
"We are committed to
- Satisfy customer through compliance of their needs, by
delivering premium quality sponge iron, Billets, CRS Billets, TMT Re-Bars, CRS TMT
Re-Bars, and other structural steel products in a cost effective manner on time, every
time;Continual Improvement in process, quality, sales and delivery. Entire members of the
organisation are developed by effective implementation and up gradation of the Quality
Management System."
Occupational Health and Safety Policy
Shyam Steel Industries Ltd. recognises its responsibilities towards the safety
and health of its employees. It has a declared policy on occupational health and safety,
It states:
"We at our world-class integrated steel plant manage operations with concern for
the health and safety of individuals. Conducting business in a safe, secure and sound
manner, we follow the occupational health and safety policy certified under ISO 18001. We
are committed to
- Operate facilities in a resource-efficient manner taking care of
the safety of the community in which it operates, reduce all identified OH&S risks and
hazards of employees, contractors and visitors.
- Strive for continual improvement in the area of safety and health
with the goal to zero out the cases of injuries, waste generation and emissions.
- Train all employees to work safely, preventing injury to
themselves and others, and avoid damage to property.
- Ensure that procedures are in place to implement these principles
and communicate about EHS issues.
- OH&S responsibilities belong to all levels of management and
all employees."
CSR Policy
Shyam Steel
Industries Ltd. has been very keen on community services. They involved equally both in
the community development business and also in the steel making business. Contributing
towards social development, donating to the weaker section of the society and providing
education to the under privileged have all become part of the company's regular
activities. These are listed under the CSR policy of the company, which states that
"We as a corporate entity believe that the primary purpose of an Organisation
should be to uplift the quality of life.
We have taken a pledge to put our efforts to uplift the downtrodden, improve the living
standards of people in area of our operation and to sincerely work towards building a
better living place."

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