Shyam Metalics and Energy Ltd. (SMEL) has recently announced the extension of its production capabilities with the expansion of a cutting-edge Greenfield Cold Rolling Mill (CRM) in Jamuria, West Bengal. This strategic investment demonstrates Shyam Metalics’ commitment to expanding its product offering and presence in both domestic and international markets.
Under Shyam Metalics Flat Product Pvt. Ltd., a fully owned step-down subsidiary of SMEL, the facility began its trial run. It is in line with government industrial policy and supports the company’s strategic plan.
In the exchange filing, the company also shared, “With a total capacity of 400,000 tons annually, the new Cold Rolling Mill is a cutting-edge establishment. The project has a total capital cost of ₹603 crores, with ₹346 crores invested and ₹257 crores pending. The mill will specialize in producing pre-painted galvalume coils (PPGL) and coils of galvanized iron/galvanized steel (GI/GL). With this expansion, Shyam Metalics will be able to produce steel products of the highest caliber and further strengthen its integrated steel manufacturing capabilities.”
