Shyam Metalics and Energy has reported 2-fold jump in stainless steel sales to 7015 million tonnes (MT) in June 2024 as compared to 3496 MT in June 2023. In Q1FY25, the sales of stainless steel stood at 18851 MT. The sales of Speciality Alloys stood at 15216 MT in June 2024 as compared to 14206 MT in June 2023, i.e. up by 7.11%. Pellet sales were 87251 MT in June 2024 against 81582 MT a year ago. The sales of Sponge Iron stood at 89261 MT in June 2024.
However, the sales of Aluminium Foil stood at 1176 MT in June 2024 as compared to 1255 MT in June 2023, i.e. down by 6.29%. In Q1FY25, the sales of Aluminium Foil stood at 4572 MT. Carbon Steel’s sales fell 1.06% to 120803 MT in June 2024 as against 122092 MT in June 2023.
Shyam Metalics and Energy is a leading integrated metal producing company based in India with a focus on long steel products and ferro alloys.
| Company Name | CMP |
|---|---|
| Tata Steel | 210.00 |
| JSW Steel | 1255.20 |
| SAIL | 178.55 |
| Jindal Stainless | 766.85 |
| APL Apollo Tubes | 2004.30 |
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