Shyam Metalics Expands into Roofing Segment with SEL Tiger Roofing Sheets

13 Mar 2025 CW Team

Headquartered in Kolkata, West Bengal, Shyam Metalics is a leading integrated metal-producing company with a strong focus on long steel products and ferro alloys, particularly in West Bengal and Odisha. The company was listed on stock exchanges in 2021 and currently holds a market capitalization of Rs 227 billion. Led by B. Bhushan, Vice Chairman and Managing Director, the company operates across the steel value chain, with significant production capacities in ferro alloys, sponge iron, and pellets. According to CRISIL, it is among the largest producers of ferro alloys in India and holds a leading position in pellet and sponge iron production.

Expansion Through New Cold Rolling Facility The introduction of SEL Tiger Roofing Sheets is part of Shyam Metalics' investment in a Rs 6.03 billion Greenfield Cold Rolling Facility in Jamuria, West Bengal. This new plant will expand the company's value-added steel production, with a capacity to manufacture 400,000 tonne of GI/GL coils and PPGL annually. These materials form the foundation for high-quality roofing solutions.

SEL Tiger Roofing Sheets: Product Range The new range of SEL Tiger Roofing Sheets includes:

SEL TIGER Royale – Ultra-premium colour-coated sheets offering high durability and aesthetic appeal. SEL TIGER Elite – Premium colour-coated sheets designed for enhanced performance. SEL TIGER Azure – Galvalume wider sheets known for high strength and corrosion resistance. SEL TIGER Alfa – Cost-effective Galvalume narrow sheets, balancing affordability with quality. These roofing sheets are designed for industrial, commercial, and residential applications, featuring high tensile strength, thermal efficiency, and corrosion resistance.

Industry and Market Outlook The Indian roofing solutions market is witnessing steady growth, driven by increasing infrastructure development and demand for durable, weather-resistant materials. With its expansion into roofing, Shyam Metalics is broadening its steel product portfolio, aligning with the rising demand for high-quality roofing solutions. The company's investment in advanced manufacturing technologies and stringent quality control measures positions it competitively in the segment.

Shyam Metalics' Whole-time Director, Sheetij Agarwal, stated that this move reinforces the company’s commitment to developing high-quality and sustainable steel products. The new roofing sheet range is expected to contribute to strengthening India's construction and infrastructure sectors through reliable and efficient roofing solutions.

Shyam Metalics and Energy Private Limited, India's sixth-largest metal-producing company, has expanded its operations by entering the roofing segment with the launch of SEL Tiger Roofing Sheets. This marks a key development in the company's manufacturing capabilities, reinforcing its presence in the steel industry. Headquartered in Kolkata, West Bengal, Shyam Metalics is a leading integrated metal-producing company with a strong focus on long steel products and ferro alloys, particularly in West Bengal and Odisha. The company was listed on stock exchanges in 2021 and currently holds a market capitalization of Rs 227 billion. Led by B. Bhushan, Vice Chairman and Managing Director, the company operates across the steel value chain, with significant production capacities in ferro alloys, sponge iron, and pellets. According to CRISIL, it is among the largest producers of ferro alloys in India and holds a leading position in pellet and sponge iron production. Expansion Through New Cold Rolling Facility The introduction of SEL Tiger Roofing Sheets is part of Shyam Metalics' investment in a Rs 6.03 billion Greenfield Cold Rolling Facility in Jamuria, West Bengal. This new plant will expand the company's value-added steel production, with a capacity to manufacture 400,000 tonne of GI/GL coils and PPGL annually. These materials form the foundation for high-quality roofing solutions. SEL Tiger Roofing Sheets: Product Range The new range of SEL Tiger Roofing Sheets includes: SEL TIGER Royale – Ultra-premium colour-coated sheets offering high durability and aesthetic appeal. SEL TIGER Elite – Premium colour-coated sheets designed for enhanced performance. SEL TIGER Azure – Galvalume wider sheets known for high strength and corrosion resistance. SEL TIGER Alfa – Cost-effective Galvalume narrow sheets, balancing affordability with quality. These roofing sheets are designed for industrial, commercial, and residential applications, featuring high tensile strength, thermal efficiency, and corrosion resistance. Industry and Market Outlook The Indian roofing solutions market is witnessing steady growth, driven by increasing infrastructure development and demand for durable, weather-resistant materials. With its expansion into roofing, Shyam Metalics is broadening its steel product portfolio, aligning with the rising demand for high-quality roofing solutions. The company's investment in advanced manufacturing technologies and stringent quality control measures positions it competitively in the segment. Shyam Metalics' Whole-time Director, Sheetij Agarwal, stated that this move reinforces the company’s commitment to developing high-quality and sustainable steel products. The new roofing sheet range is expected to contribute to strengthening India's construction and infrastructure sectors through reliable and efficient roofing solutions.

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