Shyam Metalics Sambalpur steel plant
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Shyam Metalics Sambalpur steel plant is a steel plant in Pandoli, Rengali, Sambalpur, Odisha, India that operates blast furnace (BF), direct reduced iron (DRI), electric arc furnace (EAF), and induction furnace (IF) technology.
Location
The map below shows the exact location of the plant in Pandoli, Rengali, Sambalpur, Odisha, India:
- Location: Pandoli, Rengali, Sambalpur - 768212 Odisha, India
- Coordinates (WGS 84): 21.680344, 84.04179 (exact)
Background
Shyam Metalics and power Limited was incorporated in 1991.[1] The Sambalpur Steel plant began commercial production in 2006.[2] The Plant had a capacity of 792 ttpa sponge iron and 401.28 ttpa billet as of 31 December 2020, and is expanding capacity by 561 ttpa sponge iron, and 461.2 ttpa billet production by 2025.[3][4][5]
In April 2024, a new stainless steel hot rolled coils (HRC) facility was established at the existing plant.[6]In May 2024, the company completed expansion of its rail infrastructure at the plant.[7]
The proposed blast furnace units, which were part of the environmental clearance, are missing from the investor presentations of 2025, showing the upcoming facilities at the plant.[8][9]
Ownership Tree
This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.
Plant Details
Table 1: General Plant Details
| Start date | Workforce size | Power source | Iron ore source | Coal source |
|---|---|---|---|---|
| 2006[10] | 3060[11] | 118 MW Captive power plant[12] | Kandahar mines and Gandhamardan mines[13] | Talcher[13] |
Table 2: Ownership and Parent Company Information
| Parent company | Parent company PermID | Parent GEM entity ID | Owner | Owner company PermID | Owner GEM entity ID |
|---|---|---|---|---|---|
| Shyam Metalics and Energy Ltd [100.0%] | 5000933245 [100.0%] | E100001012152 [100.0%] | Shyam Metalics and Energy Ltd [100%][14] | 5000933245 | E100001012152 [100%] |
Table 3: Process and Products
| Steel product category | Steel products | Steel sector end users | ISO 14001 | Main production equipment |
|---|---|---|---|---|
| crude, semi-finished[15] | pellets, rod, bar, billet, DRI[15] | automotive, building and infrastructure[16] | yes[17] | BF; DRI; IF; EAF |
Table 4: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)
| Capacity operating status1 | Electric arc furnace steelmaking capacity | Induction furnace steelmaking capacity | Nominal crude steel capacity (total) |
|---|---|---|---|
| announced | 673[11] | – | 673[11] |
| operating | – | 1606[17][18] | 1606[17][18] |
Table 5: Plant-level Crude Iron Production Capacities (thousand tonnes per annum)
| Capacity operating status1 | Blast furnace capacity | Sponge iron/DRI capacity | Nominal iron capacity (total) |
|---|---|---|---|
| cancelled | 742[11] | – | 742[11] |
| operating | – | 2054[17][10][18] | 2054[17][10][18] |
Table 6: Upstream Products Production Capacities (thousand tonnes per annum)
| Pellets |
|---|
| 3000[17] |
Table 7: Actual Plant-level Crude Iron Production by Year (thousand tonnes per annum)
| Year | DRI production | Total (all routes) |
|---|---|---|
| 2019 | unknown | – |
| 2020 | 584[19] | 584[19] |
| 2021 | 781[19] | 781[19] |
| 2022 | 1089[19] | 1089[19] |
| 2023 | 1113[20] | 1113[20] |
| 2024 | 1251[20] | 1251[20] |
Unit Details
Table 8: Blast Furnace Details
| Unit name | Status | Current size | Current capacity (ttpa) | Decarbonization technology |
|---|---|---|---|---|
| unknown BF (1) | cancelled[11][21] | 450.0 m3[11] | 371[11] | unknown |
| unknown BF (2) | cancelled[11][21] | 450.0 m3[11] | 371[11] | unknown |
Table 9: Direct Reduced Iron Furnace Details
| Unit name | Status | Start date | Furnace type | Current capacity (ttpa) |
|---|---|---|---|---|
| unknown DRI (1) | operating[17] | 2006[10] | rotary kiln[12] | 97[18][17] |
| unknown DRI (10) | operating[10] | 2021[10] | rotary kiln[12] | 198[10][18] |
| unknown DRI (11) | operating[10] | – | rotary kiln[12] | 198[10][18] |
| unknown DRI (12) | operating[10] | – | rotary kiln[12] | 198[10][18] |
| unknown DRI (13) | operating[10] | – | rotary kiln[12] | 115[10][18] |
| unknown DRI (14) | operating[10] | – | rotary kiln[12] | 116[10][18] |
| unknown DRI (15) | operating[10] | – | rotary kiln[12] | 115[10][18] |
| unknown DRI (16) | operating[10] | – | rotary kiln[12] | 116[10][18] |
| unknown DRI (2) | operating[17] | 2013[22] | rotary kiln[12] | 97[18][17] |
| unknown DRI (3) | operating[17] | 2014[22] | rotary kiln[12] | 27[18][17] |
| unknown DRI (4) | operating[17] | 2014[22] | rotary kiln[12] | 27[18][17] |
| unknown DRI (5) | operating[17] | 2017[23] | rotary kiln[12] | 138[18][17] |
| unknown DRI (6) | operating[17] | 2017[22] | rotary kiln[12] | 138[18][17] |
| unknown DRI (7) | operating[17] | 2017[22] | rotary kiln[12] | 138[18][17] |
| unknown DRI (8) | operating[10] | 2017[22] | rotary kiln[12] | 138[10][18] |
| unknown DRI (9) | operating[10] | 2022[10] | rotary kiln[12] | 198[10][18] |
Table 10: Direct Reduced Iron Furnace Reductant Details
| Unit name | Current or initial reductant | Hydrogen reductant status |
|---|---|---|
| unknown DRI (1) | coal (solid)[10] | unknown |
| unknown DRI (10) | coal (solid)[10] | unknown |
| unknown DRI (11) | coal (solid)[10] | unknown |
| unknown DRI (12) | coal (solid)[10] | unknown |
| unknown DRI (13) | coal (solid)[10] | unknown |
| unknown DRI (14) | coal (solid)[10] | unknown |
| unknown DRI (15) | coal (solid)[10] | unknown |
| unknown DRI (16) | coal (solid)[10] | unknown |
| unknown DRI (2) | coal (solid)[10] | unknown |
| unknown DRI (3) | coal (solid)[10] | unknown |
| unknown DRI (4) | coal (solid)[10] | unknown |
| unknown DRI (5) | coal (solid)[10] | unknown |
| unknown DRI (6) | coal (solid)[10] | unknown |
| unknown DRI (7) | coal (solid)[10] | unknown |
| unknown DRI (8) | coal (solid)[10] | unknown |
| unknown DRI (9) | coal (solid)[10] | unknown |
Table 11: Electric Arc Furnace Details
| Unit name | Status | Current capacity (ttpa) | Current size (tonnes) |
|---|---|---|---|
| unknown EAF (1) | announced[11] | 673[11] | 80.0[10][17][11] |
Table 12: Electric Arc Furnace Feedstock Details
| Unit name | Scrap-based | % scrap | % basic/merchant pig iron |
|---|---|---|---|
| unknown EAF (1) | yes[11] | 6.61[11] | 93.39[11] |
Table 13: Induction Furnace Details
| Unit name | Status | Announced date | Start date | Current capacity (ttpa) | Current size |
|---|---|---|---|---|---|
| unknown IF (1) | operating[17] | – | 2014[23] | 44[18][17] | 18.0 tonnes[17] |
| unknown IF (10) | operating[17] | – | – | 30[18][17] | 12.0 tonnes[17] |
| unknown IF (11) | operating[17] | – | – | 30[18][17] | 12.0 tonnes[17] |
| unknown IF (12) | operating[17] | – | – | 30[18][17] | 12.0 tonnes[17] |
| unknown IF (13) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (14) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (15) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (16) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (17) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (18) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (19) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (2) | operating[17] | – | 2014[23] | 44[18][17] | 18.0 tonnes[17] |
| unknown IF (20) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (21) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (22) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (23) | operating[10] | – | – | 44[18][17] | 18.0 tonnes[10][17][11] |
| unknown IF (24) | operating[10] | – | – | 19[18][17] | 8.0 tonnes[10][17][11] |
| unknown IF (25) | operating[10] | – | – | 19[18][17] | 8.0 tonnes[10][17][11] |
| unknown IF (26) | operating[10] | – | – | 19[18][17] | 8.0 tonnes[10][17][11] |
| unknown IF (27) | operating[10] | – | – | 19[18][17] | 8.0 tonnes[10][17][11] |
| unknown IF (28) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (29) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (3) | operating[17] | – | 2016[22] | 50[18][17] | 18.0 tonnes[17] |
| unknown IF (30) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (31) | operating[10] | 2022[18] | –[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (32) | operating[10] | 2022[18] | –[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (33) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (34) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (35) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (36) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (37) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (38) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (39) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (4) | operating[17] | – | 2016[22] | 50[18][17] | 18.0 tonnes[17] |
| unknown IF (40) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (41) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (42) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
| unknown IF (43) | operating[10] | 2022[18] | 2023[10] | 48[18][17] | 20.0 tonnes[18] |
Table 14: Induction Furnace Feedstock Details
| Unit name | Scrap-based | % scrap | % DRI | % pig iron (unknown if basic/merchant or granulated) |
|---|---|---|---|---|
| unknown IF (1) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (10) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (11) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (12) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (13) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (14) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (15) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (16) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (17) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (18) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (19) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (2) | yes[11] | >0 | >0[11] | >0[11] |
| unknown IF (20) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (21) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (22) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (23) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (24) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (25) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (26) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (27) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (28) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (29) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (3) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (30) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (31) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (32) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (33) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (34) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (35) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (36) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (37) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (38) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (39) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (4) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (40) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (41) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (42) | yes[11] | >0[11] | >0[11] | >0[11] |
| unknown IF (43) | yes[11] | >0[11] | >0[11] | >0[11] |
Articles and Resources
Additional data
To access additional data, including an interactive map of steel plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.
References
- ↑ "Shyam Metalics and Energy". Wikipedia. Retrieved 09 January, 2024.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ "Placement Document" (PDF). Shyam Metalics and Power Limited. Retrieved 09 January 2024.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ "Shyam Metalics and Energy Limited" (PDF). Chittorgarh. Retrieved 09 January, 2024.
{{cite web}}: Check date values in:|access-date=(help)CS1 maint: url-status (link) - ↑ "Press Release" (PDF). Care Ratings. 04 January 2023. Retrieved 09 January, 2024.
{{cite web}}: Check date values in:|access-date=and|date=(help)CS1 maint: url-status (link) - ↑ Bureau, Our (2021-09-27). "Shyam Metalics and Energy Ltd allocates ₹2,960 crore to scale up production". BusinessLine. Retrieved 2024-01-09.
- ↑ "Shyam Metalics gains on capacity expansion in Odisha plant". Business Standard. 2024-04-10. Retrieved 2025-01-23.
- ↑ "Shyam Metalics expands rail infrastructure at its steel plant in Odisha". The Economic Times. 2024-05-27. ISSN 0013-0389. Retrieved 2025-01-23.
- ↑ "Investor presentation July 2025" (PDF). Shyam Metalics. 2025-07-23. Retrieved 2025-10-28.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Investor presentation January 2025" (PDF). Shyam Metalics. 2025-01-28. Retrieved 2025-10-28.
{{cite web}}: CS1 maint: url-status (link) - ↑ 10.000 10.001 10.002 10.003 10.004 10.005 10.006 10.007 10.008 10.009 10.010 10.011 10.012 10.013 10.014 10.015 10.016 10.017 10.018 10.019 10.020 10.021 10.022 10.023 10.024 10.025 10.026 10.027 10.028 10.029 10.030 10.031 10.032 10.033 10.034 10.035 10.036 10.037 10.038 10.039 10.040 10.041 10.042 10.043 10.044 10.045 10.046 10.047 10.048 10.049 10.050 10.051 10.052 10.053 10.054 10.055 10.056 10.057 10.058 10.059 10.060 10.061 10.062 10.063 10.064 10.065 10.066 10.067 10.068 10.069 10.070 10.071 10.072 10.073 10.074 10.075 10.076 10.077 10.078 10.079 10.080 10.081 10.082 10.083 10.084 10.085 10.086 10.087 10.088 10.089 10.090 10.091 10.092 10.093 10.094 10.095 10.096 10.097 10.098 10.099 10.100 10.101 10.102 (PDF) https://web.archive.org/web/20240720185303/https://www.shyammetalics.com/wp-content/themes/shyam/assets/investors/qip/placement-document.pdf. Archived from the original (PDF) on 2024-07-20.
{{cite web}}: Missing or empty|title=(help) - ↑ 11.000 11.001 11.002 11.003 11.004 11.005 11.006 11.007 11.008 11.009 11.010 11.011 11.012 11.013 11.014 11.015 11.016 11.017 11.018 11.019 11.020 11.021 11.022 11.023 11.024 11.025 11.026 11.027 11.028 11.029 11.030 11.031 11.032 11.033 11.034 11.035 11.036 11.037 11.038 11.039 11.040 11.041 11.042 11.043 11.044 11.045 11.046 11.047 11.048 11.049 11.050 11.051 11.052 11.053 11.054 11.055 11.056 11.057 11.058 11.059 11.060 11.061 11.062 11.063 11.064 11.065 11.066 11.067 11.068 11.069 11.070 11.071 11.072 11.073 11.074 11.075 11.076 11.077 11.078 11.079 11.080 11.081 11.082 11.083 11.084 11.085 11.086 11.087 11.088 11.089 11.090 11.091 11.092 11.093 11.094 11.095 11.096 11.097 11.098 11.099 11.100 11.101 11.102 11.103 11.104 11.105 11.106 11.107 11.108 11.109 11.110 11.111 11.112 11.113 11.114 11.115 11.116 11.117 11.118 11.119 11.120 11.121 11.122 11.123 11.124 11.125 11.126 11.127 11.128 11.129 11.130 11.131 11.132 11.133 11.134 11.135 11.136 11.137 11.138 11.139 11.140 11.141 11.142 11.143 11.144 11.145 11.146 11.147 11.148 11.149 11.150 11.151 11.152 11.153 11.154 11.155 11.156 11.157 11.158 11.159 11.160 11.161 11.162 11.163 11.164 11.165 11.166 11.167 11.168 11.169 11.170 11.171 11.172 11.173 11.174 11.175 11.176 11.177 11.178 11.179 11.180 11.181 11.182 (PDF) https://web.archive.org/web/20240806152735/https://environmentclearance.nic.in/writereaddata/Online/TOR/29_May_2018_203914070VIJAZUVAShyamTFR.pdf. Archived from the original (PDF) on 2024-08-06.
{{cite web}}: Missing or empty|title=(help) - ↑ 12.00 12.01 12.02 12.03 12.04 12.05 12.06 12.07 12.08 12.09 12.10 12.11 12.12 12.13 12.14 12.15 12.16 (PDF) https://web.archive.org/web/20240115072508/https://backoffice.phillipcapital.in/Backoffice/Researchfiles/PC_-__Shyam_Metaliks_IPO_Note_20210613131203.pdf. Archived from the original (PDF) on 2024-01-15.
{{cite web}}: Missing or empty|title=(help) - ↑ 13.0 13.1 (PDF) https://ospcboard.odisha.gov.in/wp-content/plugins/hearing/uploads/files_1625556480_922356259.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://web.archive.org/web/20240115050658/https://www.shyammetalics.com/production-facilities/jamuria-plant/. Archived from the original on 2024-01-15.
{{cite web}}: Missing or empty|title=(help) - ↑ 15.0 15.1 https://web.archive.org/web/20240906180929/https://www.shyammetalics.com/sponge-iron/. Archived from the original on 2024-09-06.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.business-standard.com/markets/capital-market-news/shyam-metalics-gains-on-capacity-expansion-in-odisha-plant-124041000290_1.html.
{{cite web}}: Missing or empty|title=(help) - ↑ 17.00 17.01 17.02 17.03 17.04 17.05 17.06 17.07 17.08 17.09 17.10 17.11 17.12 17.13 17.14 17.15 17.16 17.17 17.18 17.19 17.20 17.21 17.22 17.23 17.24 17.25 17.26 17.27 17.28 17.29 17.30 17.31 17.32 17.33 17.34 17.35 17.36 17.37 17.38 17.39 17.40 17.41 17.42 17.43 17.44 17.45 17.46 17.47 17.48 17.49 17.50 17.51 17.52 17.53 17.54 17.55 17.56 17.57 17.58 17.59 17.60 17.61 17.62 17.63 17.64 17.65 17.66 17.67 17.68 17.69 17.70 17.71 17.72 17.73 17.74 17.75 17.76 17.77 17.78 17.79 17.80 17.81 17.82 17.83 17.84 17.85 17.86 17.87 https://web.archive.org/web/20240115054903/https://www.shyammetalics.com/production-facilities/sambalpur-plant/. Archived from the original on 2024-01-15.
{{cite web}}: Missing or empty|title=(help) - ↑ 18.00 18.01 18.02 18.03 18.04 18.05 18.06 18.07 18.08 18.09 18.10 18.11 18.12 18.13 18.14 18.15 18.16 18.17 18.18 18.19 18.20 18.21 18.22 18.23 18.24 18.25 18.26 18.27 18.28 18.29 18.30 18.31 18.32 18.33 18.34 18.35 18.36 18.37 18.38 18.39 18.40 18.41 18.42 18.43 18.44 18.45 18.46 18.47 18.48 18.49 18.50 18.51 18.52 18.53 18.54 18.55 18.56 18.57 18.58 18.59 18.60 18.61 18.62 18.63 18.64 18.65 18.66 18.67 18.68 18.69 18.70 18.71 18.72 18.73 18.74 18.75 18.76 18.77 18.78 18.79 18.80 18.81 18.82 18.83 18.84 18.85 18.86 18.87 18.88 18.89 https://environmentclearance.nic.in/DownloadPfdFile.aspx?FileName=1m6NypGbR0sKaLhUzObMVczIruNP+Qk5LEpRsXz9VA/6A0MPFtolZBFP/0U2V6X2vTzrjTZ44FM6emurDDJ45JUepVD5biYz3+/i5QnLhnW1yC3do9RL4PCA41oVvrGLm5avbC7QE/zxu2/qrXX9Cg==&FilePath=93ZZBm8LWEXfg+HAlQix2fE2t8z/pgnoBhDlYdZCxzWF1OLE6RXe5MiAhSH8vdQ1.
{{cite web}}: Missing or empty|title=(help) - ↑ 19.0 19.1 19.2 19.3 19.4 19.5 (PDF) https://web.archive.org/web/20240718121637/https://www.shyammetalics.com/wp-content/themes/shyam/assets/investors/qip/Shyam-Metalics-and-Energy-Limited-PPD.pdf. Archived from the original (PDF) on 2024-07-18.
{{cite web}}: Missing or empty|title=(help) - ↑ 20.0 20.1 20.2 20.3 (PDF) https://www.shyammetalics.com/wp-content/themes/shyam/assets/investors/annual-report/Final-Shyam-Metalics-AR-2024-2025.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 21.0 21.1 (PDF) https://www.shyammetalics.com/wp-content/themes/shyam/assets/investors/investor-presentation/SMELInvestorsPresentation23072025.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 22.0 22.1 22.2 22.3 22.4 22.5 22.6 22.7 https://web.archive.org/web/20240115061143/https://en.wikipedia.org/wiki/Shyam_Metalics_and_Energy. Archived from the original on 2024-01-15.
{{cite web}}: Missing or empty|title=(help) - ↑ 23.0 23.1 23.2 (PDF) https://www.shyammetalics.com/wp-content/uploads/2024/08/Corporate-Brochure-Final-2024.pdf.
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