Shyam Metalics Targets 20,000 Tonnes Stainless Steel Wire Sales By 2026 - Wire & Cable India
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Shyam Metalics Targets 20,000 Tonnes Stainless Steel Wire Sales By 2026

Shyam Metalics ramps stainless-steel wire operations to 30–35% capacity, eyeing exports and 10,000 tonnes sales this fiscal, and  20,000 tonnes by next year. 

Jul 29, 2025

shyam

Shyam Metalics has begun commissioning its new stainless-steel wire plant, currently operating at approximately 30–35% of capacity. The firm has started exporting its output, and expects to sell around 10,000 tonnes of wire this year, a significant achievement given the plant’s infancy. Projections indicate a ramp-up to approximately 20,000 tonnes in the following year.

In parallel, Shyam Metalics is gearing up for the commissioning of a major carbon steel project in fiscal 2025–26. Further downstream, the aluminum and stainless-steel projects are scheduled for activation during fiscal 2026–27, with substantial revenue contributions anticipated by the end of that period.

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