Tag: India stainless steel expansion
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India: Shyam Metalics to invest INR 1,800 crore in stainless steel expansion by 2029
Melt shop capacity expansion planned Downstream integration remains key focus Shyam Metalics and Energy Ltd has announced a fresh INR 2,700 crore strategic expansion plan, of which INR 1,800 crore has been earmarked for stainless steel capacity enhancement and downstream integration. The projects are targeted for commissioning by 2029 and will be funded entirely through…