# Shyam Metalics and Energy Ltd

- Headquarters: India
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Sites

| Place | Latest | Largest value | Types |
| --- | --- | --- | --- |
| Sambalpur, India | 2024-04-10 | $398.0M | expansion |
| Odisha, India | 2024-03-21 | $54.0M | new_facility |
| Jamuria, India | 2022-12-20 | $900.0M | investment |

## Customers, suppliers and deals

- [Mittal Corp](https://endata.com/companies/67443.md): acquired, 2×, latest 2022-12-20

## Announcements (8)

- 2024-08-24: [Shyam Metalics arm acquires 100% stake in SMEL Steel Structural](https://endata.com/announcements/91035-shyam-metalics-arm-acquires-100-stake-in-smel-steel-structural) (Acquisition · India)
- 2024-04-10: [Shyam Metalics opens stainless steel HRC facility in Sambalpur](https://endata.com/announcements/87325-shyam-metalics-opens-stainless-steel-hrc-facility-in-sambalpur) (Expansion · Sambalpur, Odisha, India · $84.0M · starts operating 10 Apr 2024)
- 2024-03-21: [Shyam Metalics plans INR 450 Cr greenfield aluminium project in Odisha](https://endata.com/announcements/86789-shyam-metalics-plans-inr-450-cr-greenfield-aluminium-project-in-odisha) (New facility · Odisha, India · $54.0M · 1,000 jobs)
- 2023-10-18: [Shyam Sel and Power gets NCLT approval to acquire Mittal Corp for ₹351 crore](https://endata.com/announcements/82208-shyam-sel-and-power-gets-nclt-approval-to-acquire-mittal-corp-for-351-crore) (Acquisition · India · $42.2M)
- 2022-12-20: [Shyam Metalics and Energy completes acquisition of Mittal Corp Limited](https://endata.com/announcements/74193-shyam-metalics-and-energy-completes-acquisition-of-mittal-corp-limited) (Acquisition · Madhya Pradesh, India · $54.0M · 10,000 jobs)
- 2022-12-20: [Shyam Metalics plans Rs 7,500 crore investment for expansion](https://endata.com/announcements/74183-shyam-metalics-plans-rs-7-500-crore-investment-for-expansion) (Investment · Jamuria, West Bengal, India · $900.0M · starts operating 2025)
- 2022-12-20: [Shyam Metalics acquires Mittal Corp, enters stainless steel business](https://endata.com/announcements/74182-shyam-metalics-acquires-mittal-corp-enters-stainless-steel-business) (Acquisition · Madhya Pradesh, India · $5.40M · 10,000 jobs)
- 2021-09-27: [Shyam Metalics allocates ₹2,960 crore to scale up steel and ferro alloy production](https://endata.com/announcements/61782-shyam-metalics-allocates-2-960-crore-to-scale-up-steel-and-ferro-alloy) (Expansion · Sambalpur, Odisha; Jamuria and Mangalpur, West Bengal, India · $398.0M · starts operating 2025)

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