Shyam Metalics commissions Phase II CRM, scales capacity to 0.40 MTPA

Shyam Metalics and Energy Limited has successfully commissioned Phase II of its Cold Rolling Mill (CRM) facility for colour coated sheets at its Jamuria plant in West Bengal, effective April 16, 2026. Operated by its wholly owned subsidiary, Shyam Sel and Power Limited, this phase adds a 0.15 MTPA Dual Pot GI cum Galvalume (GL) line. This expansion increases the total installed CRM capacity to 0.40 MTPA, significantly strengthening the company's value-added steel portfolio. The enhanced facility will cater to high-growth sectors like solar energy (reducing import dependency for mounting structures), automotive, and consumer durables. This strategic move aligns with the Government of India’s PLI Scheme – PLI 2, reinforcing domestic manufacturing. Chairman Mr. Brij Bhushan Aggarwal expects this expansion to drive a better product mix, margin expansion, and contribute meaningfully to incremental EBITDA.