StockWatch
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Iron & Steel
Monthly Update6 Nov 2026, 03:30 pm

Shyam Metalics Sales Up 20.4% YoY in Oct 2026

AI Summary

Shyam Metalics and Energy Ltd has released its sales data for October 2026. The company reported a 20.40% year-on-year (YoY) increase in sales volumes for Stainless Steel, reaching 7,671 MT, with average realisations up 42.09%. Aluminium Foil sales volumes saw a 22.20% YoY increase to 1,673 MT, and realisations rose by 27.40%. Speciality Alloys experienced a 22.39% YoY volume growth to 19,815 MT, with realisations up 22.73%. Carbon Steel (Flat) showed a significant 78.03% YoY volume increase to 23,968 MT, with realisations up 22.26%. Metallics (Pellet, Sponge iron, Pig iron) recorded a 6.61% YoY volume increase to 2,50,272 MT, and realisations surged by 35.92%. However, Carbon Steel (Long) volumes decreased by 15.85% YoY to 1,11,926 MT, though realisations increased by 23.63%. The company also noted the stable operations of its newly commissioned aluminium foil plant.

Key Highlights

  • Stainless Steel sales volumes up 20.40% YoY, realisations up 42.09%.
  • Aluminium Foil plant commissioned and operating stably.
  • Carbon Steel (Flat) volumes surged 78.03% YoY.
  • Carbon Steel (Long) volumes declined 15.85% YoY.
  • Metallics realisations increased by 35.92% YoY.