Shyam Metalics and Energy Limited Unveils INR 2,700 Crore Expansion Plan
The company announced a fresh INR 2,700 crore investment to boost value-added steel and stainless capacities, strengthening margins and advancing its long-term growth strategy. Apr 29, 2026 Shyam Metalics and Energy Limited (SMEL) has proposed a INR 2,700 crore capital expenditure programme, to be funded entirely through internal accruals and executed by 2029. The plan […]
Scoda Tubes Plans INR 100 Crore Investment to Expand Production Capacity
Scoda Tubes Limited plans INR 100 crore investment to expand stainless seamless and welded pipe capacity, driven by strong demand growth. July 1, 2025 Scoda Tubes Limited intends to invest INR 100 crore in FY 26 to expand its production capacity, doubling seamless output from 10,068 MT per annum to 20,068 MT per annum investing INR 55 crore; and welded […]
The Stainless Marvel
Over a century since its discovery, stainless steel has become a vital component of contemporary life, attributed to its resistance to corrosion, mechanical strength, versatility in shaping, aesthetic appeal, hygienic properties, and recyclability. These attributes render it appropriate for a wide range of applications. The establishment of hot and cold rolling facilities in the 1950s […]
