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SP 1194

As an organisation pivoted on values that motivate us to aspire for success beyond profitability, we seek satisfaction in acts which truly make a difference. Along with a thrust on running a financially sound business, we are ardently focused on upholding our responsibility towards people, planet and the society as a whole. We realise, sustainability is a core issue for the steel industry. Therefore, we have adopted a strong Environment, Social and Governance (ESG) framework to consciously engage in efforts that provide us the opportunity to create a systematic approach for ensuring tangible outcomes. With an emphasis on developing a culture of customer obsession, innovation and agility, we are aiming to build a future-ready organisation, attuned for sustainable growth in the long run.

Our Story

    1991

    New Beginnings

     

    Incorporation of Shyam SEL and Power Ltd. (SSPL).

    2002

    Mangalpur Plant

     

    Commercial production started at Sponge Iron plant, with 0.06 MTPA capacity

     

    (1)This plant is of Shyam SEL and Power Limited.

    2013

    Sambalpur Plant

     

    Commercial production started at Sponge Iron plant, with 0.3 MTPA capacity.

     

    Jamuria Plant

     

    Commercial production started at Iron Pellets, Billetes and Sponge Iron plant, with 0.59 MTPA capacity.

    Expanded capacity of Sponge Iron plant.

    2014

    Sambalpur Plant

     

    Boosted the capacity of Ferro Alloy products, and the Sponge Iron plant by 0.13 MTPA.

     

    Jamuria manufacturing plant

     

    Established Captive Railway Siding.

    2015

    Sambalpur Plant

     

    Captive railway siding operationalized

     

    Jamuria Plant

     

    Another Captive Power plant commissioned.

    Growth in capacity of Sponge Iron and Billets plant by 0.38 MTPA, and Ferro Alloys products by 9 MTPA

    2016

    Sambalpur Plant

     

    Increased aggregate capacity of Billets by 0.27 MTPA

     

    Jamuria Plant

     

    Boosted the capacity of Iron Pellets and Billets plant by 0.80 MTPA

    2017

     

    Sambalpur Plant

     

    Expanded capacity of Sponge Iron and Billets plant by 0.96 MTPA

    Annual capacity including all intermediate products reached 2.90 MTPA

    2019

     

    Sambalpur Plant

     

    Expanded capacity of Sponge Iron, Billets, TMT and Wire Rods by 1.81 MTPA.

     

    Jamuria Plant

     

    Increased capacity of Sponge Iron, Billets, Long products and Ferro Alloy products by 1.09 MTPA

    Expanded the capacity of Captive Power Plant by 94 MW

    2020

    Sambalpur Plant

     

    Boosted the capacity of Pellets by 1.2 MTPA.

    Expanded capacity of Captive Power Plant by 118 MW.

     

    Jamuria Plant

     

    Further improved the capacity of Pellets, Sponge Iron, Billets and Long Products by 2.64 MTPA

    Combined annual capacity of 5.71 MTPA reached.

    2021

    Growth

     

    Expanded capacity of TMT and Wire Rods further.

    Annual capacity, including all intermediate products, reached 5.71 MTPA

    Shyam Metalics Launched it’s IPO & got listed on both National Stock Exchange and Bombay Stock Exchange in June 20

    2022

    Aggregate implemented capacity post IPO launch is 8.12 MTPA.

    Launched S-E-L Tiger TMT Re-Bars

    Launched the SEL Tiger Grills N Steels range of Light Structural Steel solutions.

     

     

    New Product

     

    Aluminium Foil – 40,000 TPA

     

    Capacity Enhancement Plan

     

    Pellet: 12,00,000 TPA

    Sponge Iron: 7,16,100 TPA

    Billet: 52,800 TPA

    TMT, Structural, WRM, WDM: 2,04,000 TPA

    Captive Power Plant: 40 MW

    2023

     

    Aggregate Metal Capacity augmented to over 13 MTPA.

    Captive Power Plant augmented to 377 MW (incl. Solar 4 MW).

    Forayed into Coil TMT for Zero Wastage for customers.

     

    New Product

     

    Forayed into Stainless Steel Re-Bars under SSPL (MCL).

     

    Achievement & Certification

     

    Taken over Ramsarup Industries for in-organic growth.

    Successful FPO on both NSE/BSE.

    GPTW certified Organisation.

     

     

    2024

     

    Extension into Food Grade Aluminium Foils manufacturing.

    Foraying into Cold Rolling Mill for Colour Coated and Galvanised Sheets.

    Entry into Stainless Steel Wire Rods and Bright Bars manufacturing.

    Commissioned DRI Plant 1,50,000 TPA and 20MW Captive Power Plant at Ramsarup.

     

    Awards & Certification

     

    Two Star Export Award from Government of India.

    Green Pro Certified by CII-Green Products & Services Council.

     

    Capacity Enhancement Plan

     

    Ductile Iron Pipe: 2,00,000 TPA

    Food Grade Aluminium Foil: Approx. 0.018 MMTPA*

    Aluminium Flat Rolled Products: Approx. 0.06 MTPA**

    Galvanized Color Coated Sheets: Approx. 0.40 MTPA (in 2 phases)

    Bright Bars: Approx. 0.025 MTPA

     

    **Metric Tonnes per annum
    *Million Metric Tonnes per Annum

Note: • The assumptions and estimates taken specifically into account include the following: (1) sponge iron (direct reduced iron): capacity of each kiln in TPD X 330 days per year; (2) billet: capacity of each furnace in TPH X (24 hours per day/ heat cycle) X 330 days per year; 1 heat cycle = 3 hours; (3) ferro alloy products: furnace with 1 MVA capacity is equivalent to 1,555.56 TPA. The installed capacity of ferro alloy products may vary depending on the type of ferro alloy produced.

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