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Shyam Metalics & Energy Limited to make aluminum foil for Lithium-ion cell manufacturing | Indiablooms

Shyam Metalics and Energy Limited, a leading integrated metal producer headquartered in Kolkata, officially announces its entry into energy storage sector with battery-grade Aluminum foil, a critical component in Lithium-ion cells. ....

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Shyam Metalics & Energy Ltd to make aluminum foil for lithium-ion cell manufacturing, ET Auto

India spent USD 1.8bn to import 5,486.18 kWh lithium-ion batteries during April-November 2022 period as against the import of 6,167.68 lakh units of lithium-ion batteries for USD 1.83bn in 2021-22, indicating a growth in imports consequently to rising demand for electric vehicles and green energy solutions. ....

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Steel firms prep for festivals, see demand by auto, consumer goods sectors

The festive season will mean business for the steel industry as it is the time when automotive and consumer appliance companies bump up demand to prepare for higher sales, experts have said.

Ranjan Dhar, chief marketing officer at ArcelorMittal Nippon Steel India (AM/NS India), said that bookings by auto and consumer appliance industries are 20 per cent higher ahead of the festive season compared to last year.

While this could be for a couple of months, it could normalise later at approximately 10 per cent, he said. ....

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Shyam Metalics and Energy Limited strengthens leadership with New Board Members | Indiablooms - First Portal on Digital News Management

Shyam Metalics and Energy Limited (SMEL), an integrated metal-producing company headquartered in Kolkata, recently announced the appointment of Shashi Kumar and Malay Kumar De as the new members of its Board of Directors as Additional Directors in the capacity of Independent Directors. ....

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Sony PlayStation: Shyam Metalics and Energy Q1 Results: Net profit falls 43% YoY to Rs 235 crore

In a statement, Brij Bhushan Agarwal, Vice Chairman & Managing Director of the company, said: "We are encouraged by the upward trajectory in sales of finished steel, with a robust 36 per cent growth in volumes year on year. The company is progressing as per the strategic roadmap envisaged. Shyam Metalics strives to stay ahead of the curve and will continue to pursue growth, profitability, and sustainability." ....

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