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 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.
