Shyam Metalics and Energy has commissioned Phase II of its Cold Rolling Mill (CRM) facility at Jamuria, West Bengal, increasing total capacity to 0.40 million tonnes per annum (MTPA).

The expansion, executed through its subsidiary Shyam Sel and Power Limited, includes a Dual Pot GI-cum-Galvalume line with a capacity of 0.15 MTPA. The facility commenced commercial production on April 16, 2026.

The enhanced capacity strengthens the company’s position in value-added steel, enabling it to cater to high-growth sectors such as solar energy, automotive and consumer durables. The development is also aligned with the Government’s Production Linked Incentive (PLI) scheme, supporting domestic manufacturing and reducing import dependence.

Commenting on the development, Brij Bhushan Aggarwal, Chairman and Managing Director, said, “This expansion strengthens our ability to cater to high-growth, high-margin segments… and is expected to support margin expansion and incremental EBITDA over the medium term.”

The Jamuria facility’s strategic location in eastern India is expected to improve supply efficiency and address regional demand gaps in value-added flat steel products.

The move reinforces Shyam Metalics’ focus on downstream integration, product diversification and strengthening its position in the steel value chain.