# Shyam Metalics opens stainless steel HRC facility in Sambalpur

Shyam Metalics and Energy inaugurated a stainless steel hot rolled coils facility at its Sambalpur, Odisha plant, with a capacity of 0.3 million metric tons per annum. The facility produces 200 and 400 series stainless steel HRC.

- Type: Expansion
- Announced: 2024-04-10
- Where: Sambalpur, Odisha, India
- Value: $84.0M (7.00B INR)
- Starts operating: 10 Apr 2024
- Status: completed
- Capacity: 0.3 million metric tons per annum
- Products: stainless steel hot rolled coils (200 and 400 series)
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Shyam Metalics and Energy Ltd](https://endata.com/companies/57960.md)

## Sources

- [constructionweekonline.in](https://www.constructionweekonline.in/business/shyam-metalics-ventures-into-stainless-steel-flat-products-sector), 2024-04-10: "We are proud to announce the establishment of our new hot rolled stainless steel coils facility at our Sambalpur, Odisha facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.