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India's SMEL completes construction of stainless HRC facility at Sambhalpur mill-Metal Exhibition-Steel Exhibition-2026&
nbsp;China (Guangzhou) International Metal & Metallurgy Industry Exhibition
1/29/2026 金屬展-冶金展-鋼鐵展-steel expo-metal & metallurgy expo |
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India''s Shyam Metalics and Energy Limited (SMEL) has completed construction of a 0.3 million mt stainlesssteel hot rolled coil facility at its existing mill at Sambhalpur in the eastern state of Odisha, a company statementsaid on Wednesday, January 28.
The company said that the facility will specialise in the production of 200 and 400 series stainless steel hotrolled coils by utlising captive raw materials such as direct-reduced iron (DRl), power and ferroalloys in a
reliable and efficient supply chain.
The company also announced expansion plans to construct a stainless steel bright bar production facility with acapacity of 25,000 mt per year and a steel wire production unit with a capacity of 18,000 mt per year.
These two projects have been scheduled for commissioning around mid-2027, while entailing a capitalinvestment of around $687 million.
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