Shyam Metalics announces Rs. 2,700 crore expansion to strengthen value-added steel portfolio
Metallurgical Industries
May 02,2026
Shyam Metalics has announced a Rs. 2,700 crore expansion plan to enhance its presence in value-added and specialty steel segments.
The investment will focus on increasing production capacity and diversifying its product mix to cater to high-growth sectors such as infrastructure and manufacturing.
Rising domestic steel demand, driven by government spending and industrial growth, is supporting such capacity expansions.
The move is expected to improve margins and strengthen the company’s competitive positioning.
Company :
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Shyam Metalics