Loading…

ENDATA · Copyright (c) 2026 Endata · Data: CEPII BACI (Etalab 2.0), Federal Reserve G.17, U.S. BLS, Eurostat, World Bank (CC BY 4.0), GLEIF, SEC EDGAR; announcements summarized from the linked sourcesProspects Companies Sectors Announcements Countries

HOME BRIEF PROSPECTS SECTORS ANNOUNCEMENTS COMPANIES COUNTRIES

>

INDUSTRIAL MARKET INTELLIGENCE

ANNOUNCEMENTSAll New facility Expansion Investment Acquisition Contract Closure

INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%INDUSTRIAL MACHINERY273.5▲ +4.87%AUTOMATION AND ROBOTICS348.5▲ +10.05%PUMPS AND VALVES401.5▲ +2.64%MATERIAL HANDLING340.7▲ +3.73%FOOD PROCESSING EQUIPMENT394.8▲ +4.07%STEEL AND METAL PRODUCTS344.9▲ +29.04%SPECIALTY CHEMICALS256.3▲ +5.14%PLASTICS AND POLYMERS327.5▲ +5.94%PACKAGING506.1▲ +8.86%INDUSTRIAL TEXTILES185.9▲ +3.45%ELECTRICAL EQUIPMENT256.3▲ +8.77%SEMICONDUCTORS AND INDUSTRIAL ELECTRONICS75.3▲ +26.02%AUTOMOTIVE COMPONENTS134.7▲ +3.13%AEROSPACE COMPONENTS291.0▲ +2.38%MEDICAL DEVICES146.2▲ +4.99%CONSTRUCTION MATERIALS262.9▲ +4.08%HVAC AND INDUSTRIAL REFRIGERATION243.3▲ +5.55%POWER GENERATION EQUIPMENT289.6▲ +3.63%WATER TREATMENT EQUIPMENT152.1▲ +2.68%MINING EQUIPMENT462.3▲ +3.56%

Shyam Metalics plans 9 MTPA Maharashtra steel complex · Endata

◂ Announcements

Nov 7, 2026INVESTMENTMaharashtra, India

Shyam Metalics plans 9 MTPA Maharashtra steel complex

Shyam Metalics & Energy outlined plans for a 9 MTPA steel complex in Maharashtra, and a 51% stake in Alom Solar, with INR360 crores capex for the acquisition.

Status

Announced

Capacity

9 MTPA

Productssteelstainless steelspecial bar quality (SBQ)

CompaniesShyam Metalics and Energy Ltd Alom Solar Private Limited target

Sectors#Steel and Metal Products

“Chairman Brij Bhushan Agarwal outlined strategic investments in downstream steel, stainless steel, aluminum, and coal, including a 51% stake in Alom Solar and plans for a 9 MTPA Maharashtra steel complex.”stockfin.ai

1 source
stockfin.aiShyam Metalics & Energy — Announcement, 7 Nov 2026StockFin Research TeamNov 7, 2026

Summarized from public sources; check the original articles before acting on it.

More from Shyam Metalics and Energy Ltd

Nov 7, 2026ACQUISITIONIndia
Shyam Metalics acquires 51% stake in Alom Solar Private Limited
Shyam Metalics and Energy Ltd acquirer Alom Solar Private Limited target news.tulsian.ai
Nov 7, 2026EXPANSIONOdisha, India, India$324.0Mops Mar 2029
Shyam Metalics plans ₹2,700 crore stainless steel expansion in Odisha
Shyam Metalics and Energy Ltd news.tulsian.ai
Nov 7, 2026EXPANSIONSambalpur, India, India$108.0Mops 7 Nov 2026
Shyam Metalics commissions 18,000 TPA aluminum foil facility at Sambalpur
Shyam Metalics and Energy Ltd news.tulsian.ai
Jul 18, 2026NEW FACILITYSambalpur, Odisha, India$96.0Mops 18 Jul 2026
Shyam Metalics commissions aluminium foil facility at Sambalpur, Odisha
Shyam Metalics and Energy Ltd Shyam Metalics economictimes.indiatimes.com news.metal.com
Apr 23, 2026NEW FACILITYSambalpur, Odisha, India
Shyam Metalics to commission aluminium facility in Odisha
Shyam Metalics and Energy Ltd SMEL Steel Structural partner manufacturing.economictimes.indiatimes.com
Oct 16, 2025INVESTMENTIndia$1.20B10,000 jobs
Shyam Metalics announces ₹100B Vision 2031 expansion plan
Shyam Metalics and Energy Ltd scanx.trade

Similar announcements

Oct 14, 2026INVESTMENTGujarat and Andhra Pradesh, India$52.8M
AM/NS India to invest Rs 440 crore in revamping nine ITIs
ArcelorMittal Nippon Steel India theindustryoutlook.com
Sep 8, 2025INVESTMENTIndia
Vedanta invests over Rs 12,500 crore to boost metal manufacturing for EV sector
Vedanta economictimes.indiatimes.com
Apr 23, 2025INVESTMENTAurangabad, India$5.20M
Poshs Metal Industries receives INR 43 Cr for new steel facility
Poshs Metal Industries KfW investor smecentral.in
Jan 28, 2025INVESTMENTOdisha, India, India$8.40B
Jindal Steel & Power announces Rs 70,000 crore investment in Odisha
Jindal Steel and Power money.rediff.com
Nov 6, 2026EXPANSIONKalinganagar, India, Indiaops 6 Nov 2026
Tata Steel commissions third slab caster at Kalinganagar, India
Tata Steel SMS group partner mesteel.com
Nov 6, 2026INVESTMENTSault Ste. Marie, Ontario, Canada
Algoma Steel shares begin trading after SPAC merger IPO
Algoma Steel Inc.Legato Merger Corp. partner steelmarketupdate.com