Gyscoal Alloys incorporated as Shreenath Mineral Metal Private Limited on September 29, 1999 under the Companies Act, 1956 as a private limited company by the Registrar of Companies, Gujarat, Dadra & Nagar Haveli. The company name was changed to Gyscoal Alloys Private Limited and a fresh Certificate of Incorporation consequent to the change of name was granted by Registrar of Companies, Gujarat on June 21, 2004. The company subsequently became a public limited Company and the company name changed to Gyscoal Alloys Limited and the fresh Certificate of Incorporation was granted to the company on March 21, 2006 by the Registrar of Companies, Gujarat.
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 with a capacity of 6000 MT per annum from Shah Alloys Group at Ubkhal, Mehsana and started manufacturing of rolled products in the year 2005. The rolling mill capacity was increased by another 12000 MT per annum to take the total rolling mill capacity to 18000 MT per annum in financial years (FYs) 2005-06. In the FYs 2006-07, 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 at the potential higher value addition in case of stainless steel products, the company decided to manufacture stainless steel long products in the FYs 2006-07. At present, the plant has the capacity to manufacture different grades of stainless steel products ranging between 200 series to 400 series.
The company has expanded in various ways keeping its focus on steel. At this stage, the company was able to provide its clientele a broad spectrum of products. In pursuance of its objectives, the company is committed to maintain high standards of quality, efficient delivery schedules, and competitive prices. At present, Company’s products portfolio includes angles, bright bars, black bars, flats, hexagonal and round corner squares (RCS) products which include channels, sections, pata-patti, full line of round corner squares (RCS) and rectangles in standard sizes. The company also manufactures squares and flat in sizes of the specification as per requirement of its customers.
The company’s products adhere to high quality standards and it has got ISO 9001:2008 certification for “the manufacture and supply of stainless steel and mild steel based angles, channels, flats, round, square, bright, twisted bars, billets and ingots’ adhering to IS 2062 & IS 1786 from BSI Management Systems